MediaTek ranks as 22nd largest chip supplier in ’11

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CNA

TAIPEI–MediaTek Inc. (聯發科), one of Taiwan’s leading integrated circuit designers, ranked the 22nd largest chip supplier in the world in 2011, a drop of three notches from the 19th place recorded in 2010, according to a report from market advisory firm iSuppli.

The report, released on its website Monday, showed MediaTek’s market share in 2011 fell below 1 percent to 0.9 percent after its sales dropped 16.9 percent to US$2.95 billion.

U.S.-based Intel Corp. retained the largest chip-supplier title in 2011 by generating US$48.72 billion in sales which rose 20.6 percent from a year earlier.

Last year, Intel grasped a 15.6-percent share of the global chip market, compared with 13.1 percent recorded in 2010, iSuppli said.

The advisory firm said the increase in sales reflected rising demand for PC-related microprocessors and NAND flash memory used in consumer and wireless products.

The sales growth enjoyed by Intel also resulted from its acquisition of Infineon’s wireless assets.