Semiconductor revenue down 5 pct in 2008

Apr 08, 2009
A visitor looks at laptops at a computer fair. Worldwide semiconductor revenue fell by more than five percent last year and could face a "far worse" decline this year, market research firm Gartner Inc. reported on Wednesday.

Worldwide semiconductor revenue fell by more than five percent last year and could face a "far worse" decline this year, market research firm Gartner Inc. reported on Wednesday.

Worldwide revenue totalled 255 billion dollars in 2008, down 5.4 per cent from the previous year, the Stamford, Connecticut-based company said.

"The steep decline in the market in the final quarter of 2008, combined with the ongoing economic weakness, signals far worse declines in 2009," it said.

"While sales held up fairly well in the first half of 2008, in the third quarter the industry started to soften as the economy slowed," Gartner analyst Peter Middleton said in a statement.

"By the , sales were deteriorating quickly, causing revenue growth to go into negative territory," he said. "With the market heavily impacted by the , we can expect considerable market consolidation going forward."

Gartner said US chip-maker Intel retained its number one position last year for the 17th consecutive year and increased its to 13.3 percent although its revenue declined 0.5 per cent to 33.8 billion dollars.

was next with a market share of 6.8 percent. Its revenue declined 15 percent to 17.3 billion dollars.

Toshiba was number three with a 4.2 percent market share on revenue of 10.6 billion dollars, a drop of 10.3 percent, followed by Texas Instruments, which also notched up a 4.2 percent market share on revenue of 10.5 billion dollars.

Rounding out the list of top 10 semiconductor vendors were: STMicroelectronics (4.0 percent market share), Infineon Technologies (3.3 percent), Renesas Technology (2.8 percent), (2.5 percent), Hynix Semiconductor (2.4 percent) and NEC Electronics (2.3 percent).

Hynix suffered a 34 percent drop in revenue, from 9.1 billion dollars in 2007 to 6.0 billion dollars last year. Qualcomm's revenue meanwhile grew 15.3 percent to 6.4 billion dollars.

(c) 2009 AFP

Explore further: Out-of-patience investors sell off Amazon

add to favorites email to friend print save as pdf

Related Stories

Semiconductor sales down 28.6 pct in January: SIA

Mar 02, 2009

Worldwide semiconductor sales declined 28.6 percent in January from a year ago as the global recession continued to take a big bite out of the computer chip industry, an industry tracker said Monday.

Mobile phone sales up six pct in 2008, 4th qtr weak

Mar 03, 2009

Mobile phone sales grew by six percent in 2008 over the previous year but fell nearly five percent in the fourth quarter as the global economy weakened, market research firm Gartner said on Tuesday.

Taiwan's HTC says profit down 30 percent

Apr 06, 2009

Taiwan's smartphone maker HTC Corp posted a year-on-year 30 percent fall in first quarter net profit as the global economic meltdown hit sales, the company said Monday.

Microsoft Refuses to Reveal Current Vista Sales

Apr 27, 2007

Microsoft on Thursday reported a 65 percent jump in third quarter profits, buoyed by sales of its latest operating system, Vista. Exactly how many Microsoft has sold, however, is still a mystery.

Grim US newspaper ad revenue figures released

Mar 27, 2009

Last year was the worst ever for the US newspaper industry with both print and online advertising revenue posting declines, according to Newspaper Association of America (NAA) figures.

Recommended for you

Out-of-patience investors sell off Amazon

18 hours ago

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand ...

States ascend into the cloud

Oct 24, 2014

Seven years ago, the state of Delaware started moving computer servers out of closets and from under workers' desks to create a consolidated data center and a virtual computing climate.

Microsoft drops Nokia name from smartphones

Oct 24, 2014

Microsoft said Friday it was dropping the Nokia name from its Lumia smartphones, rebranding following the acquisition earlier this year of the Finnish group's handset division.

Amazon's loss makes holidays a question mark

Oct 24, 2014

Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.

User comments : 0