MCU Sales to Reach Record Highs Through 2022

The market for microcontrollers (MCUs) —the IC industry’s original system-on-chip (SoC) product category—is expected to continue hitting record-high annual revenues through 2022 after worldwide sales dropped 6 percent in 2016 because of a slowdown in MCU unit shipments. After drawing down MCU inventories in 2016, systems manufacturers stepped up purchases of microcontrollers in 2017 with unit…