Renesas became the world’s number 2 supplier of application processors practically overnight
By Stefan Constantinescu on Monday, February 18th, 2008 at 2:22 PM PST In Financial/Corporate News
Texas Instruments is a well known chipset supplier, Nokia (NYSE: NOK) uses them for most of their S60 based products and I’m sure you’ve heard the term OMAP at least once or twice with other handset makers. Renesas is a Japenese company that in the course of one year managed to increase revenues to $655 million for 2007 versus $159 million in 2006, that is a 318% jump. They’ve increased their marketshare from 4.8% in 2006 to 18.4% in 2007, that is 380%, again all of this in the process of 1 year.
“In a market that traditionally had been dominated by a single company, Texas Instruments (NYSE: TXN), the emergence of a strong No.-2 in Renesas as well as the impressive growth of other companies speaks to the opportunities available in this area,” Sideco said. “Aside from the continuing need for stand-alone multimedia processing capability, the added competition also should spur innovation and potentially lower Average Selling Prices (ASPs), further driving growth.”
More competition = more innovation = consumers win!
[Via: JAMP]
Stefan! I cant believe – you still havent commented on the E71 showcased in the land of Oz!!
no new information was in that C|Net post from down under, i’ve already bloged the specifications and leaked photo ages ago.
Where is your daily Qik ? You’ve already give up ? And more important, where are your daily reports from MWC ? What have you done there ? Nothing ?
coming tomorrow, really long week, horrible connectivity.
Im excited!