Consolidation Shuffles Automotive IC Vendor Rankings

by Dylan McGrath, EEtimes, SAN FRANCISCO, Jun. 22, 2016 – 

Growth in the automotive semiconductor market slowed in 2015 amid currency fluctuations and rampant consolidation that shuffled vendor rankings, according to market research firm IHS Technology Inc.

The automotive semiconductor market grew 0.2% last year, reaching $29 billion, IHS (Englewood, Colo.) said.

As reported, NXP Semiconductors NV catapulted to the top of automotive chip suppliers in terms of sales based on its $11.8 billion acquisition of Freescale Semiconductor Inc. NXP's automotive semiconductor revenue grew by 124% to nearly $4.2 billion, good enough to garner nearly 14.4% of the market, according to IHS.

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