IHS: 2014 was a good year for the semiconductor industry

In 2014, the semiconductor market enjoyed its "best industry performance since 2010," according to the latest report from market research firm IHS. IHS projects that semiconductor revenue will total $353.2 billion in 2014, an increase of 9.4% from last year's $322.8 billion. Dale Ford, the research firm's VP and Chief Analyst, comments:

This is the healthiest the semiconductor business has been in many years, not only in light of the overall growth, but also because of the broad-based nature of the market expansion. . . . While the upswing in 2013 was almost entirely driven by growth in a few specific memory segments, the rise in 2014 is built on a widespread increase in demand for a variety of different types of chips. Because of this, nearly all semiconductor suppliers can enjoy good cheer as they enter the 2014 holiday season.”

IHS's report also includes a breakdown of the top 20 semiconductor makers and their predicted performance for 2014:

Intel is still at the top of the chart, though its 6.3% revenue growth is the lowest of the top five. AMD's revenue growth was a couple of points lower than Intel's, at 4.6%, while Nvidia's growth was three points higher, equaling the 9.4% industry average.

Of the top 20, IHS says Avago and MediaTek saw the strongest growth overall—107.9% and 57.5%, respectively. Avago was helped by its purchase of LSI and PLX, while MediaTek got a boost from its acquisition of MStar.

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