TI top in industrial ICs
TI led the pack in the industrial IC market last year, according to IHS with its industrial IC revenue growing 25% to $2.2bn for a market share of 7.3%. Infineon grew 25% to take the No.2 slot.
Industrial was the second fastest-growing semiconductor market after automotive in 2011, up 9.3% percent compared to 1.4%t for the overall semiconductor space.
Growth in 2012 is projected to moderate to 7.7%.
“TI owed its boost in revenue last year to the firm’s acquisition of National Semiconductor at the end of the third quarter in 2011, which added $446m to TI’s bottom line for industrial electronics,” says IHS’ Jacobo Carrasco-Heres, “without the buyout, TI’s revenue growth would have been flat.”
Prior to the acquisition, National Semiconductor was the No. 2 supplier of LED driver ICs behind TI.
TI was also the No. 1 supplier last year in manufacturing and process automation, medical electronics; second in energy generation and distribution; and third in the test and measurement as well as the building and home control areas.
The top ten industrial IC suppliers had combined revenue of $12.9bn – 42% of a market worth a $30.6bn.
Infineon had a stellar year growing 25% while ST only grew 4.4%.
Top Ten Industrial IC Suppliers 2011