Infineon Extends strength in power Semiconductors
Infineon Technologies is the market leader in power semiconductors for the twelfth consecutive time. After acquiring International Rectifier at the beginning of the year to create a "˜super power' company supplying silicon, SiC- and GaN- based power devices and integrated circuits, Infineon says its 19.2 percent market share makes it the clear market leader.
Prior to the acquisition, both companies' market share in 2013 together equalled approximately 17.5 percent, according to the results of a study by the US market research institute IHS Inc. for 2014. Infineon's closest competitor lags behind with 7.0 percent. IHS shows the world market for power semiconductors growing by 6.3 percent in 2014 to $16.2 billion.
"Through organic growth and the acquisition of International Rectifier we've made our leadership position for power semiconductors even stronger compared to the global competition," says Reinhard Ploss, CEO of Infineon Technologies AG. "Our leading technology expertise and our system understanding mean we will profit disproportionately from the forecasted growth."
The IHS study predicts a growing demand for power semiconductors particularly in the automotive and industry business sectors through 2019.
