2012 chip market to grow 7%, says analyst

LONDON -- Growth in the semiconductor market will acceleratein the second half of 2012 and achieve an annual percentage figure of 6 to 7%,according to Mali Venkatesan, research manager for semiconductors atInternational Data Corp.

As large companies with cash in hand vie for competitivepositions, mergers and acquisitions will continue to be trend, he said. Anumber took place in 2011 including: Qualcomm's acquisition of Atheros, TexasInstruments buying National Semiconductor, Conexant falling to SMSC, Broadcom'scapture of Netlogic, CSR-Zoran and Microsemi-Zarlink. Also a number of startupswere taken up in the recent past inluding Icera by Nvidia and Picochip byMindspeed.

IDC reckons that 2011's global chip market was worth $301billion up 3.7% from 2010.

This story was originally posted by EETimes.
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