Latest in Apple

Image credit:

Apple now the world's biggest buyer of semiconductors


Sponsored Links

Gartner announced today that Apple became the world's biggest buyer of semiconductors in 2011, leaping ahead of both Samsung Electronics and Hewlett-Packard. As Macworld notes, PC and phone vendors' semiconductor spending is related to sales of their finished products.

Apple's spending on semiconductors was a whopping US$17.3 billion in 2011, up from $12.8 billion the year before. Samsung was in second place at $16.7 billion and saw a growth rate of about 9.2 percent due in part to its increasing sales of Android-based smartphones.

Not surprisingly, several manufacturers who are seeing the effects of Apple's growth showed drops in semiconductor spending. The fragile PC market hit HP, which spent $16.6 billion during 2011, down from $17.6 billion in 2010.

Nokia saw an even more precipitous drop in their chip buying, dropping over 20 percent to about $9 billion. Gartner notes that the top ten semiconductor buyers spent about $105.6 billion in 2011 altogether, about 35 percent of worldwide chip revenue.

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr