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Texas Instruments is a well known chipset supplier, Nokia 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, 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]
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
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