Worldwide semiconductor revenue grew 5.2% in 2013: Gartner

According to a Gartner report, in 2013 semiconductor revenue stood $315.4 billion, a 5.2 per cent jump from 2012 revenue of $299.9 billion. “After a weak start to 2013 due to excess inventory, revenue growth became strong in the second and third quarters before leveling off in the fourth quarter,” says Andrew Norwood, research vice president, Gartner.

Norwood further adds, “The overall market faced a number of demand headwinds with PC production declining 9 per cent and the premium smartphone market showing signs of saturation, with growth tilting toward lower-priced, entry-level and mid-range smartphones.”

Intel recorded a 2.2 per cent revenue decline as strong performance in its data center and embedded systems group was not enough to offset a declining PC market, and limited traction and declining prices for its tablet and smartphone solutions. However, the company maintained the No. 1 market share position for the 22nd consecutive year, capturing 15.2 per cent of the 2013 semiconductor market.