Acquired Electronics360

Commentary

Xiaomi Still a Top 10 Chip Buyer

27 April 2015

Along the way of diversification and expansion, Xiaomi has emerged as the world’s tenth largest chip buyer in 2014. According to IHS semiconductor spend analysis, Xiaomi will maintain its coveted position this year with spending expected to amount to $6.3 billion. The company will spend 39% more than last year with about 90% of the semiconductor dollar going into the expanding handset business alone. Moving forward, Xiaomi’s chip spending in consumer market will see considerable growth as it continues to broaden its home appliances portfolio with support from third party hardware makers.

IHS forecasts that the five year old Xiaomi will soon cross the $10 billion mark in chip spending by 2016. However, that will only happen if it becomes successful in winning substantial market shares in the highly competitive new verticals and regions.

Read More

Questions or comments on this story? Contact dylan.mcgrath@ihs.com

Related links:

IHS Semiconductors & Components

News articles:



Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Advertisement
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Advertisement

CALENDAR OF EVENTS

Date Event Location
30 Nov-01 Dec 2017 Helsinki, Finland
23-27 Apr 2018 Oklahoma City, Oklahoma
18-22 Jun 2018 Honolulu, Hawaii
Find Free Electronics Datasheets
Advertisement