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Intel, Qualcomm, ON Semiconductor show biggest growth in chip sales

Chipmakers Intel (Nasdaq: INTC), Qualcomm (Nasdaq: QCOM) and ON Semiconductor (Nasdaq: ONNN) all saw tremendous growth this year, according to preliminary 2011 market share rankings from research firm IHS. Acquisitions helped each company boost sales and market share. Intel purchased Infineon Technologies AG’s wireless solutions business, Qualcomm bought Atheros, and ON Semiconductor acquired Sanyo Semiconductor.

Intel widened its lead over its competitors after losing market share to Samsung Electronics during the past three years. IHS projects that Intel will sell just under $50 billion worth of semiconductors this year, up 23% from last year. Intel remains the market leader with a 15.9% market share, up from 13.2% last year. Samsung’s market share is 9.3% according to IHS.

Qualcomm saw its semiconductor sales surge almost 40% to $10 billion. Although the California-based company currently has just 3.2% of the market, analysts expect significant growth thanks to Qualcomm’s agreements to supply chips for Apple’s iPhone 4S and Nokia’s Lumia phones.

ON Semiconductor will realize a 50% increase in semiconductor sales this year, IHS estimates, thanks to its purchase of Sanyo Semiconductor from Panasonic. Panasonic saw its semiconductor sales slip 32%.

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ABOUT AUTHOR

Martha DeGrasse
Martha DeGrassehttp://www.nbreports.com
Martha DeGrasse is the publisher of Network Builder Reports (nbreports.com). At RCR, Martha authored more than 20 in-depth feature reports and more than 2,400 news articles. She also created the Mobile Minute and the 5 Things to Know Today series. Prior to joining RCR Wireless News, Martha produced business and technology news for CNN and Dow Jones in New York and managed the online editorial group at Hoover’s Online before taking a number of years off to be at home when her children were young. Martha is the board president of Austin's Trinity Center and is a member of the Women's Wireless Leadership Forum.