LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent semiconductor market in East Asia report from 2017 to 2021. This market research report also lists two other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the entry of new players in the semiconductor market in East Asia is restricted due to high entry barriers. Moreover, competition among vendors is expected to become intense in the next stages of the industry’s life cycle due to technological advances in the semiconductor industry.
According to Rohan Joy Thomas, a lead analyst at Technavio for embedded systems research, “Economies such as China, South Korea, and Taiwan are strategically moving their industrial establishments from low-cost production areas to focus on developing technology-based high-quality product lines. This is done to support the growing market demand for advanced semiconductor components. The primary objective of the vendors is to support and drive long-term sustainable growth for themselves and the economy.”
These changes in the overall semiconductor landscape indicate that the global semiconductor industry will see stiff competition from these countries. The competition will challenge market leaders, such as Samsung, to continue innovating strategies to enhance the market performance, while preserving quality and reducing the price of semiconductors.
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Technavio market research analysts identify the following key vendors:
TSMC manufactures semiconductors using its manufacturing processes for customers based on their own or third parties’ proprietary IC designs. It offers a comprehensive range of wafer fabrication processes, including processes to manufacture RF, embedded memory, CMOS logic, mixed-signal, BiCMOS mixed-signal, and other semiconductors.
Toshiba is one of the leading vendors in the semiconductor market in Japan because of its unique value propositions in terms of technology, global capacity, services, and financial staying power. The company has grown over the years because of its value-added solutions, global collaborative R&D, and time-to-market attributes. Innovation also helps Toshiba maintain its position in the market.
Sony Semiconductor Solutions
Sony Semiconductor Solutions is the third-leading company in the market. The company maintains a competitive advantage by introducing improved products at the right time. The company also has plans to enhance its technological strengths, which will enable it to gain a larger market share. One of the growth strategies followed by the company is to expand the product portfolio continuously. The company primarily focuses on and invests in R&D to take advantage of its technology and thus increase sales.
Renesas Electronics, one of the largest suppliers of IC components, researches, develops, designs, manufactures, sells, and services semiconductors globally. The company is the market leader in the global semiconductor market for automotive because of factors that include technology leadership, manufacturing excellence, and customer trust. The company has remained at the top in the market because of the success of its microcontrollers and power devices.
STMicroelectronics designs, develops, manufactures, and markets semiconductor products. The key applications of these products include automotive products, telecommunication systems, computer peripherals, industrial automation, consumer products, and control systems. The company deals with a variety of sensors, analog power, automotive products, microcontrollers, memory, and digital ICs.
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