March 25, 2021 07:57 am GMT
Original Link: https://www.techpowerup.com/280154/revenue-of-top-10-ic-design-fabless-companies-for-2020-undergoes-26-4-increase-yoy-says-trendforce
(PR) Revenue of Top 10 IC Design (Fabless) Companies for 2020 Undergoes 26.4% Increase YoY, Says TrendForce
The emergence of the COVID-19 pandemic in 1H20 seemed at first poised to devastate the IC design industry. However, as WFH and distance education became the norm, TrendForce finds that the demand for notebook computers and networking products also spiked in response, in turn driving manufacturers to massively ramp up their procurement activities for components. Fabless IC design companies that supply such components therefore benefitted greatly from manufacturers' procurement demand, and the IC design industry underwent tremendous growth in 2020. In particular, the top three IC design companies (Qualcomm, Broadcom, and Nvidia) all posted YoY increases in their revenues, with Nvidia registering the most impressive growth, at a staggering 52.2% increase YoY, the highest among the top 10 companies.Original Link: https://www.techpowerup.com/280154/revenue-of-top-10-ic-design-fabless-companies-for-2020-undergoes-26-4-increase-yoy-says-trendforce
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