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Semiconductor revenue grew 12.5% in 2018: Gartner

IANS  |  Mumbai 

Global revenue totalled $474.6 billion in 2018, a 12.5 per cent increase from 2017, a report by Inc. said on Friday.

"Despite slowing growth, the memory market is still the largest market, accounting for 34.3 per cent of revenue," Andrew Norwood, at Gartner, said in a statement.

increased its lead as the no. 1 vendor due to the booming dynamic random-access memory (DRAM) market. Currently, 88 per cent of the company's revenue comes from memory sales.

"This was driven by increases in average selling prices (ASPs) for DRAM for the majority of 2018. However, ASPs began to decline in the fourth quarter and this will continue through most of 2019 due to oversupply conditions," Norwood added.

Intel's semiconductor revenue grew by 12.9 per cent compared with 2017, despite delays in the introduction of and a constrained low-end CPU supply situation in the second half of 2018.

experienced the strongest growth among the top 10 worldwide semiconductor vendors with a 37.4 per cent increase in 2018.

The second-largest category, which is (ASSPs), saw a growth of only 5.1 per cent due to a stalling market combined with a tablet market that continues to decline.

Vendors that rely heavily on these end markets to sell application processors, modems and other components in many cases saw semiconductor revenue decline.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 12 2019. 16:36 IST
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