Worldwide Semiconductor Market Grew 24% in 2010 to $283 Billion — IDC Expects 6-8% Revenue Growth in 2011

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDC News Release, 4/20/11

Worldwide semiconductor revenues increased more than 24% year over year to $282 billion in 2010, according to the latest version of the International Data Corporation (IDC) Semiconductor Application Forecaster (SAF). The industry recovery was strong and broad last year across all market verticals, regions, and semiconductor device categories. Device applications, such as smartphones, media tablets and e-readers, automotive infotainment, notebook PCs, datacenter servers, and wireless and wired communication infrastructure, drove robust consumption of semiconductors. IDC’s SAF tracks more than 100 semiconductor companies, most of which experienced strong growth in 2010.

Intel, with total semiconductor revenues of $41.9 billion in 2010, once again was the overall market leader. Samsung was the number 2 vendor overall with revenues of $27.6 billion, which increased its semiconductor revenue market share by 2% over 2009. Rounding out the top 5 chip suppliers were Texas Instruments, Toshiba, and Hynix. Renesas Electronics, the merged company of Renesas and NEC, was the number 6 vendor overall, just missing the top 5. Together, the top 10 vendors represented 51% of the overall market revenues, an increase of 6% over 2009.

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