Chip market grew 5.5% in 1997
By James Carbone -- Purchasing, 2/12/1998
Preliminary figures indicate the worldwide semiconductor grew only 5.5% to $150 million in 1997 and to no surprise Intel is the top semiconductor company.Market researcher Dataquest says that Intel sales grew 18% to $21 billion. "Led by microprocessors, Intel grew its semiconductor revenue by nearly 20% during the year, which is strong performance in face of major inventory adjustments by PC OEMs," said Ron Bohn, director for Dataquest's Worldwide Semiconductor Research Operations.
Bohn says weakening of currencies like the Korean won and Japanese yen against the U.S. dollar has exacerbated low-memory IC pricing. This meant another year of revenue decline or no growth for a host of memory-dependent companies.
How the Top 10 chip makers stack up
(Millions of U.S. Dollars)
1996 1 997
Rank Company Revenue Revenue Growth (%)
1 Intel 17,781 21,083 18.6
2 NEC 10,428 10,656 2.2
3 Motorola 8,076 8,120 0.5
6 Texas Instruments7,064 7,660 8.4
5 Toshiba 8,065 7,507 -6.9
4 Hitachi 8,071 6,523 -19.2
7 Samsung 6,464 6,010 -7.0
8 Fujitsu 4,427 4,872 10.1
9 Philips 4,219 4,435 5.1
10 Mitsubishi 4,100 4,097 -0.1
Source: Dataquest
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