MediaTek falls in world semiconductor sale rank
MediaTek Inc., Taiwan's largest integrated circuit designer, fell one notch in the world semiconductor sales rankings in the first half of 2015, according to market advisory firm IC Insights.
In a research report, IC Insights said MediaTek took 13th place on the global list for the January-June period, down from 12th place in 2014, with sales totaling US$3.03 billion.
MediaTek's second quarter sales rose 1 percent from a quarter earlier to US$1.53 billion as growth in the global smartphone market showed signs of slowing, the IC Insights report showed.
That slowdown resulted in a 12.1 percent decline in the Taiwanese IC designer's net profit from a quarter earlier to NT$6.38 billion ( US$201 million).
Faced with this challenging environment, MediaTek has trimmed its forecast for smartphone chip shipments in 2015 to 400 million units from 450 million units, and it expects 2015 sales to fall 5-10 percent from a year earlier.
The sales of rival U.S.-based Qualcomm also felt the pinch of weakening smartphone demand, with its second quarter sales down 13 percent from a quarter earlier to US$3.85 billion, the IC Insights report showed.
In the first half of this year, Qualcomm's sales totaled US$8.29 billion, making it the fifth chip supplier in the world, down from fourth place recorded last year, according to IC Insights.
Taiwan Semiconductor Manufacturing Co. (TSMC) retained its position on the IC Insights list as the third largest chip supplier in the world during the six-month period, with sales of US$13.62 billion.
TSMC, the world's largest contract chip-maker, posted US$6.63 billion in sales in the second quarter, down 5 percent from the first quarter, according to IC Insights.
United Microelectronics Corp. rose two notches in the rankings to take 19th place in the first half of this year, up from 21st in 2014, with sales of US$2.32 billion.
U.S. chip giant Intel Corp. remained the biggest chip supplier in the world on the IC Insights list with sales of US$23.58 billion in the first half of this year. In the second quarter, Intel's sales rose 3 percent from the first quarter to US$11.95 billion.