Omdia Sees Record Decline in Semiconductor Market

By Chad Cox

Production Editor

Embedded Computing Design

June 30, 2023


Omdia Sees Record Decline in Semiconductor Market
Image Credit: Omdia

London, United Kingdom. Omdia released findings the semiconductor market fell in revenue for a fifth straight quarter in the first quarter of 2023 seeing a record period of dismal performance since Omdia started its research in 2002. The revenue ($120.5B) of the first quarter of 2023 was down 9% from the 4th quarter of 2022.

The major damage is being contributed by the memory and MPU market. The memory market was just 44% of its size during quarter one 2023. The MPU market was just 65% of the total market. Both combine for a 19% total decline in the first quarter of 2023.

The last three quarters have seen the memory market decline, rearranging market share standings. Looking at the past year, three out of the top five semiconductor companies were focused on memory, they include Samsung, SK Hynix, and Micron. Now Samsung is the final one in the top ten. 2008 was the last time the industry saw both SK Hynix and Micron not in the top ten showing the struggle of the memory focused industry.

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*From Omdia:

NVIDIA released their financial results after publication of the CLT report, and surpassed estimates on strength of the company's generative AI chips due to strong demand.

Infineon moved into the top ten following an 11% increase QoQ due to its strength in the automotive sector.

Chad Cox. Production Editor, Embedded Computing Design, has responsibilities that include handling the news cycle, newsletters, social media, and advertising. Chad graduated from the University of Cincinnati with a B.A. in Cultural and Analytical Literature.

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