Amid Strong Q4, Chip Sales Still Slip in FY12; Qualcomm (QCOM) Makes Big Gain (INTC) (TXN)
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Chipmakers are trading stronger on the session Wednesday, bolstered in part by data suggesting a narrower-than-expected contraction in sales for the group last year.
IHS (NYSE: IHS) iSuppli commented the global semi revenue fell 2.2 percent in 2012, versus the firm's expectation for a 2.3 percent drop. Total sales came in at $93.375 billion, from $95.946 billion in 2011.
Out of the top 25, Qualcomm (Nasdaq: QCOM) had the best year-over-year change with a 29.2 percent jump to $13.18 billion in revs. The company came in third spot last year, from ninth in 2011.
Segment leader Intel (Nasdaq: INTC) saw sales consolidate 2.7 percent to $47.42 billion, but retained the number one spot on IHS' list. Samsung saw a 9.5 percent improvement to $31.26 billion, good enough for second spot.
Coming in fourth was Texas Instruments (Nasdaq: TXN), chip sales dropping 13.8 percent to $12.04 billion. Toshiba was fifth at $11.13 billion, Renesas Electronics sixth at $9.24 billion, and SK Hynix seventh at $8.97 billion.
Rounding out the top 10 were STMicro (NYSE: STM) with a 12.8 percent jump to $8.49 billion for eighth, Broadcom (Nasdaq: BRCM) at $7.84 billion and ninth spot, and Micro Tech (Nasdaq: MU) with a 8.1 percent drop in sales to $6.77 billion, good enough for 10th.
“The last three months were the only quarter in 2012 that generated a year-over-year increase in semiconductor market revenue, but that growth was too little and too late to salvage a terrible year for chipmakers,” said Dale Ford, senior director at IHS. “Even so, the stronger performance in the fourth quarter represents a positive signal for the semiconductor market, marking the beginning of a new growth cycle in the industry that will be sustained though 2013. IHS predicts global semiconductor revenue will rise by 5.6 percent in 2013, bringing an end to the slump of 2012.”
IHS also noted: The bright spots in an otherwise dismal year for semiconductor growth were found in CMOS image sensors, logic ASICs, LEDs, display drivers and sensors. Growth in CMOS image sensors hit 38.8 percent, followed by logic ASICs at 19.0 percent. LEDs also expanded in the double digits at 11.9 percent. Meanwhile, growth came in at 6.9 percent for display drivers and at 6.1 percent for sensors and actuators.
IHS (NYSE: IHS) iSuppli commented the global semi revenue fell 2.2 percent in 2012, versus the firm's expectation for a 2.3 percent drop. Total sales came in at $93.375 billion, from $95.946 billion in 2011.
Out of the top 25, Qualcomm (Nasdaq: QCOM) had the best year-over-year change with a 29.2 percent jump to $13.18 billion in revs. The company came in third spot last year, from ninth in 2011.
Segment leader Intel (Nasdaq: INTC) saw sales consolidate 2.7 percent to $47.42 billion, but retained the number one spot on IHS' list. Samsung saw a 9.5 percent improvement to $31.26 billion, good enough for second spot.
Coming in fourth was Texas Instruments (Nasdaq: TXN), chip sales dropping 13.8 percent to $12.04 billion. Toshiba was fifth at $11.13 billion, Renesas Electronics sixth at $9.24 billion, and SK Hynix seventh at $8.97 billion.
Rounding out the top 10 were STMicro (NYSE: STM) with a 12.8 percent jump to $8.49 billion for eighth, Broadcom (Nasdaq: BRCM) at $7.84 billion and ninth spot, and Micro Tech (Nasdaq: MU) with a 8.1 percent drop in sales to $6.77 billion, good enough for 10th.
“The last three months were the only quarter in 2012 that generated a year-over-year increase in semiconductor market revenue, but that growth was too little and too late to salvage a terrible year for chipmakers,” said Dale Ford, senior director at IHS. “Even so, the stronger performance in the fourth quarter represents a positive signal for the semiconductor market, marking the beginning of a new growth cycle in the industry that will be sustained though 2013. IHS predicts global semiconductor revenue will rise by 5.6 percent in 2013, bringing an end to the slump of 2012.”
IHS also noted: The bright spots in an otherwise dismal year for semiconductor growth were found in CMOS image sensors, logic ASICs, LEDs, display drivers and sensors. Growth in CMOS image sensors hit 38.8 percent, followed by logic ASICs at 19.0 percent. LEDs also expanded in the double digits at 11.9 percent. Meanwhile, growth came in at 6.9 percent for display drivers and at 6.1 percent for sensors and actuators.
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