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2010 semiconductor revenue up $70billion from 2009

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Total global semiconductor revenue for 2010 rose 30.9% from 2009, the largest ever increase for the industry in one year, according to Gartner. The total figure of $299.4billion is up $70.7bn on 2009, while the top 25 semiconductor suppliers accounted for around 69.1% of the revenue. Gartner's report shows that memory vendors showed the biggest growth.

"The industry wide upturn was due to the combination of pent up demand that had built in the wake of the worldwide economic recession, and rebuilding of semiconductor inventories that were significantly depleted during the recession and early recovery," said Peter Middleton, principal analyst at Gartner. "The market began to surge in the second half of 2009, as demand recovery in a variety of market sectors resulted in strong order rates. This continued, almost frantically, during the first half of 2010 as demand soared, prices rose, and we saw lead times expanding significantly." Intel held the top position for the 19th consecutive year, with 14% share, down from 14.6% a year earlier. According to Gartner, Intel gained market share in some markets, but lost ground in the total market, mainly at the hands of commodity memory vendors. The report is available here. Image courtesty of Gartner.