Worldwide semiconductor sales down 2.3 percent YoY

Worldwide sales of semiconductors amounted to a total of $334.8 billion USD for the 2015 calendar year according to IT research and advisory firm Gartner. This represents a nominal decrease of 2.3 percent compared to 2014 with a total turnover drop of 0.5 percent from the top 25 largest semiconductor manufacturers. The rest of the market suffered revenue losses of about 6.9 percent.

Semiconductors facing slowing demand in key sectors

Gartner research vice president Andrew Norwood blames the slow demand on fluctuating currencies. He believes that the various sectors are still growing and developing even if the total revenue for the year is not reflective of an expanding market.

Intel remains the world's largest semiconductor manufacturer

Intel is sitting at the very top of the list for the 24th consecutive year according to Gartner. Nonetheless, the chipmaker declined 1.2 percent in global market share down to 15.4 percent as of 2015. Infineon Technologies saw the largest gain at 19.6 percent and was able to jump from 12th place to 9th place on Gartner's list of largest semiconductor manufacturers. The top 5 manufacturers (Intel, Samsung, SK Hynix, Qualcomm, and Micron) collectively take in about 40 percent of the total revenue of all semiconductor manufacturers according to the source.

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