Qualcomm lifted on strong smartphone, LTE baseband processor sales

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Due to its leading position as a smartphone and LTE baseband processor supplier, Qualcomm convincingly retained the third spot in the global semiconductor market, posting $17.2 billion in revenue last year, up 30.6 percent year-over-year.

Market leader Intel, which dominates the PC processor market, was dragged down by the decline in PC sales, according to the latest stats from Gartner. Its revenue dropped to $48.6 billion in 2013, from $49.1 billion in 2012. Second place Samsung saw its revenue increase 7 percent year-over-year to $30.6 billion last year as a result of strong growth from its DRAM and NADN flash memory.

While the top three vendors maintained their market positions in 2013 compared to 2012, SK Hynik was able to jump from seventh to fourth place on the back of strong organic growth, while Micron Technology surged from tenth to fifth place as a result of its acquisition of Elpida Memory.

Overall, semiconductor vendor revenue increased 5 percent year-over-year to reach $315 billion in 2013.

"Memory, and in particular DRAM, led this growth; not due to strong demand, but rather weak supply growth that pushed pricing higher. In fact, the overall market faced a number of demand headwinds during the year, with PC production declining 9.9 percent and the premium smartphone market showing signs of saturation as growth tilted toward lower-priced, albeit quite capable, entry-level and midrange smartphone models," says Andrew Norwood, research vice president at Gartner.

For more:
- check out the Gartner release

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