Renesas Tops Automotive IC Supplier Ranking

El Segundo, Calif. —Renesas maintained its number one ranking in the automotive semiconductor market in 2013, with a half-billion-dollar gap over the second-place competitor, Infineon, according to IHS Technology. Rounding out the top five are STMicroelecronics, Freescale and NXP. The overall automotive semiconductor market expanded five percent in 2013, reaching $26.7 billion in 2013, up from $25.4…

Big Growth Ahead for Sensor Hubs

El Segundo, Calif. — Huge growth is predicted for sensor hubs that offload tasks from application processors and let mobile devices run longer on a single battery charge thanks to the global microelectromechanical systems (MEMS) market, according to IHS Technology. Shipment growth in 2014 alone will be in the triple digits. Worldwide shipments of sensor hubs in…

Industrial Electronics Chip Market Set to Grow 11%

El Segundo, Calif. — The industrial electronics chip market rebounded in 2013 with revenue growth of nine percent, reaching $32.8 billion, after falling five percent in 2012, according to a report from IHS Technology (NYSE: IHS). These chips are used in a variety of applications, including medical electronics, factory automation, energy distribution and generation, building and home control,…

Semiconductor Equipment Spending Fell 12%

Global semiconductor capital equipment spending fell 11.5 percent in 2013 to $33.8 billion, according to Gartner, Inc. While wafer-level manufacturing equipment demand performed better than market average, driven by lithography and associated processes, back-end manufacturing segments performed below average, significantly contributing to revenue declines, according to the report. Wafer-level manufacturing outperformed the market in 2013, based on…

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Healthcare Costs Top Manufacturers’ Concerns

Many government initiatives are passed with the best of intentions but with unintended results. In the U.S., small to mid-size manufacturing companies will be spending more on healthcare requirements this year than on expansion and new product development. PrimeAdvantage, a purchasing consortium of small to midsize companies, surveyed its members about their financial expectations for 2014…