Intel climbs industrial chip vendor ranking

Intel jumped into second place in a ranking of industrial chip vendors for 2016 prepared by business information provider IHS Markit. Intel jumped into second place in a ranking of industrial chip vendors for 2016 prepared by business information provider IHS Markit.

By Peter Clarke, eeNews, Jun. 26, 2017 – 

Intel's went from fourth place in 2015 to second place but was still a considerable way behind market leader Texas Instruments. STMicroelectronics remained in third-ranked position and Intel swapped places with Infineon Technologies, which dropped to fourth. Intel surge was attributed to double-digit revenue growth at the company's IoT group due to strength in factory automation, video surveillance and medical applications.

These movements happened while global industrial semiconductor revenues grew to $43.5 billion in 2016, a year-over-year increase of 3.8 percent, IHS Markit said.

Demand for industrial electronics equipment was broad-based, with continued growth in commercial and military avionics, digital signage, network video surveillance, HVAC, smart meters, traction, PV inverters, LED lighting and various medical electronics such as cardiac equipment, hearing aids and imaging systems, IHS Markit said.

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