Market research firm IMS Research, headquartered in the UK, has named Infineon the leader in worldwide sales revenue for power semiconductors. According to initial findings from IMS Research’s latest study into this market, Infineon’s power semiconductor business outperformed the global market as a whole, which expanded by just 0.6 percent to $11.35 billion, and achieved a revenue growth of 11.6 percent in 2005.
IMS Research indicates that Infineon’s sales revenue in this market rose to $1.06 billion from approximately $950 million in 2004, and states that Infineon held a 9.3 percent share of the total $11.35 billion market in the year 2005. According to Infineon this marks the third consecutive year that IMS Research has ranked Infineon as the number one provider of silicon to this market which IMS Research forecasts to grow at an average annual rate of 6 to 8 percent over the next five years.
Dr. Reinhard Ploss, group senior vice president and general manager of Infineon’s automotive, industrial and multimarket business group, said, “We have been at the forefront of power semiconductor and module development for many years, and this expertise is a strong contributor to our continued leadership role. We are committed to maintaining our leading position in these core competence areas and dedicated to developing power semiconductor products enabling efficient use of the electrical energy available, with excellent price-performance ratios.”
Infineon Technologies