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Top 20 IC vendors expected to grow 3%

The top 20 semiconductor companies are expected to grow 3% this year, says IC Insights, with double digit growth at Nvidia, MediaTek, Apple, Toshiba and TSMC and double digit declines at Hynix, Micron, NXP and GloFo.

Nov. 17, 2016, Nov. 17, 2016 – 

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The fastest growing top-20 company this year is forecast to be Nvidia, which is expected to grow 35%.

Nvidia is riding a surge of demand for its graphics processor devices (GPUs) and Tegra processors with its y-o-y sales in its latest quarter (ended October 30, 2016) up 63% for gaming, 193% for data center, and 61% for automotive applications.

The second-fastest growing top-20 company in 2016 is expected to be Taiwan-based MediaTek, which is forecast to grow 29%.

Although worldwide smartphone unit volume sales are expected to increase by only 4% this year, MediaTek's application processor shipments to the fast-growing China-based smartphone suppliers are driving this exceptional growth.

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