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Second Quarter Results Indicate Slowing Microelectronics Revenue Growth
Development Activity Remains Strong
Boston, MA - October 11, 2012 - With many of the large manufacturers reporting financial results for the first half of calendar 2012, the microelectronics portion of the industry appears headed for slow growth in 2012. Despite this slowing revenue growth, product development activity is progressing strongly. In advance of the IMS2012 trade show in Montreal, the heavyweights of the compound semiconductor industry all announced new product developments. The Strategy Analytics GaAs and Compound Semiconductor Technologies Service (GaAs) viewpoint, "Compound Semiconductor Industry Review April - June 2012: Microelectronics," captures product, technology, contract and financial announcements for companies such as ANADIGICS, Hittite Microwave, TriQuint Semiconductor, Agilent, RFMD, Skyworks, WIN Semiconductors, Mitsubishi, Cree, Toshiba, Fujitsu and Sumitomo Electric.
"With a few exceptions, the revenue results for microelectronic companies have been mixed in the first half of 2012, with almost as many companies reporting declines as are reporting revenue growth", noted Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service (GaAs). "Barring anything unforeseen happening in the second half of the year, it appears the growth rate for the industry will finish below its historical average".
Asif Anwar, Director, Strategy Analytics Strategic Technologies Practice (STP) added, "Despite slowing revenue growth, there is no shortage of product development, with GaN, higher frequency and integrated device activities driving many of the product announcements".
This viewpoint summarizes financial, product, contract and employment developments from leading semiconductor device suppliers from April – June of 2012. These announcements address a variety of commercial and military applications that use gallium arsenide (GaAs), gallium nitride (GaN), Silicon carbide (SiC), silicon germanium (SiGe) and complementary metal-oxide-semiconductor (CMOS) silicon technologies.
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