Asia Pacific Lights Up The Competition
The Asia Pacific region now accounts for more than 50 percent of the global semiconductor market, compared to less than 20 percent for the United States.
According to the World Semiconductor Trade Statistics, the global semiconductor market grew 96 percent over the last ten years and is expected to continue to grow at a compounded annual growth rate of 8 percent.
The Asia Pacific region has seen the most rapid growth over the past ten years and now accounts for more than 50 percent of the global semiconductor market, compared to less than 20 percent for the United States. The analogue power management market is expected to grow to $12.1 billion in 2014, up from $9.9 billion in 2010 according to Gartner market research.
In its latest report, Equity Markets has reviewed Cree and TriQuint. Cree develops and manufactures compound semiconductor materials and devices primarily based on SiC and GaN related compounds and focuses its expertise on LED products although it develops power RF products. Equity Markets says Cree derives the largest portion of its revenue from the sales of its LED products, which include LED components, LED chips, LED lighting products and SiC wafers.