STMicroelectronics achieved minor growth and is now a distant third in the ranking ahead of Texas Instruments, Qorvo and Hewlett Packard. Lower ranked NXP Semiconductor and Sony, performed well, increasing their revenue by 30 and 40 percent, respectively.
Ranking of top 30 MEMS manufacturers by 2018 revenue. Source: Yole Developpement.
Like many other sectors of the semiconductor industry the MEMS sector was affected by slowness in smartphones and automotive sales and inventory build-up and reduced prices in 4Q18, Yole states. Yole said the inventory should be reduced in the first half of 2019 followed by a moderate MEMS growth for the rest of the year.
Next: See the growers, fallers
In 2017, the top 30 MEMS players’ revenues were US$9.88 billion and this figure moved up to US$10.3 billion in 2018, representing almost 5 percent growth. The top 30 is responsible for 90 percent of the total MEMS market that was worth more than US$11.6 billion in 2018, according to Yole.
Annual growth and decline for top MEMS manufacters in 2017 and 2018. Source: Yole Developpement.
Bosch has a strong presence in automotive and consumer products and as a result increased its sales by $100 million in 2018. “Every new vehicle contains an average of five Bosch MEMS, while half of the world’s smartphones have at least one Bosch MEMS,” said Yole analyst Dimitrios Damianos in a statement.
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