Thursday, March 20, 2003
The Asia-Pacific market for semiconductor components advanced 26.4 percent to stand at $57.6 billion in 2002, according to market researcher iSuppli Corp.
The booming Asia-Pacific market also stands in contrast to the rest of the world still languishing under difficult economic conditions and uncertainty ahead of an almost certain military conflict in Iraq.
In 2002 the America's market for semiconductors fell 14.6 percent, Europe fell 7.5 percent and Japan fell back 3.3 percent according to iSuppli. The combined result with Asia-Pacific was the modest worldwide growth figure of 1.5 percent previously given out by iSuppli.
All of the top ten vendors (listed below) and 28 of the top 30 vendors saw sales increase in 2002 over 2001. Samsung and Infineon benefited from firming memory prices and Qualcomm rose up the rankings on the strength of rebounding cell phone sales in the region.
Although multiple countries are doing well in the region China remains the main engine of growth. In China OEMs, EMS companies and ODMs produced about $130 billion of electronic equipment in 2002 up from about $102 billion in 2001, according to iSuppli. This represented 13.2 percent of the world's manufacture. The market researchers predicted that China would account for 20 percent world electronic equipment manufacturing by 2006.
By: DocMemory
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