Texas Instrument’s latest acquisition of National Semiconductor has boosted its market share in the fast-growing industrial electronics semiconductor market, says market research firm, IHS iSuppli
BANGALORE, INDIA: Texas Instrument's latest acquisition of National Semiconductor has boosted its market share in the fast-growing industrial electronics semiconductor market, says market research firm, IHS iSuppli.
Industrial electronics chips are deployed in a broad range of applications that includes manufacturing and process automation, test and measurement, medical electronics, building and home control, energy generation and distribution, and military and civil aerospace.
TI's market share, in 2011, climbed to 7.3 per cent, up from 6.4 per cent in 2010. The company has strengthened its stand in the market last year as it revenue from the industrial electronics chip space grew to Rs.12,021.86 crore ($2.2 billion), up 24.9 per cent from Rs.9,836.07 crore ($1.8 billion) a year earlier.
According to Jacobo Carrasco-Heres, analyst, industrial electronics, HIS, “TI owed its boost in revenue last year to the firm's acquisition of National Semiconductor at the end of the third quarter in 2011, which added Rs.2,437.16 crore ($446 million) to TI's bottom line for industrial electronics.”
In 2011, TI was followed by Infineon, STMicroelectronics, Intel, and Analog Devices, respectively and has TI not acquired National Semiconductors, its growth would have been flat. Before the acquisition had happened, National Semiconductor was the No. 2 supplier of light-emitting diode (LED) driver integrated circuits.
It was ranked after TI. Industrial electronics was the second fastest-growing semiconductor market after automotive in 2011, up a much larger 9.3 per cent compared to the paltry 1.4 per cent for the overall semiconductor space.