Semiconductor company Intel achieved its highest annual market share in more than 10 years in 2011.
This is according to market research firm IHS iSuppli, who tracked the list of top 25 semiconductor manufacturers from 2010 to 2011.
Intel’s market share jumped by 2.5 points to 15.6 percent, up from 13.1 percent in 2010.
The company’s revenue also increased in 2011 by 20.6 percent, higher than any other semincoductor manufacturer in the top 25 apart from Qualcomm.
“Intel in 2011 captured the headlines with its major surge in growth,” according to Dale Ford, head of electronics and semiconductor research for IHS.
“The company’s rise was spurred by soaring demand for its PC-oriented microprocessors, and for its NAND flash memory used in consumer and wireless products. Intel’s revenue also was boosted by its acquisition of Infineon’s wireless business unit. The company’s strong rise helped it to stave off the rising challenge mounted by No. 2 semiconductor supplier Samsung Electronics Co. Ltd., which had been whittling away at Intel’s lead in recent years,” Ford concluded.
Read the full story at: Boy Genius Report.
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