Qualcomm fastest growing semiconductor company, Intel still on top says Gartner
Qualcomm, designers of the highly popular Snapdragon series of chipsets plus a wide variety of wireless tech, is the fastest-growing semiconductor company according to Gartner. The two companies at the top, Intel and Samsung, were both affected by stagnation in the market in 2012.
Intel’s revenue slipped 3.1% year over year, but the company retained its leadership position for the 21st year in a row. Market share dropped a hair to 16.4% (down from 16.5%).
Samsung’s DRAM and NAND markets took a hit, but other segments picked up and the South Korean company managed a 3.1% year over year growth.
Qualcomm jumped into third position, up from 6th, with a massive 31.8% growth in revenue. That’s 18.2% better than analysts’ expectations. The company displaced Toshiba, who ranked fifth with a revenue decline of 9.8%.
Other than Qualcomm, only NXP managed to beat analysts’ expectations by over 10%. There are several companies that performed worse than expectations by over 10% too: Freescale, STMicroelectronics (who recently put an end to ST-Ericsson) and AMD.
Overall, Gartner gauged that the semiconductor industry declined 2.6% in total revenues in 2012 compared to 2011.
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