Fabless Semiconductor Association Announces 16.2 Percent Worldwide Fabless Revenue Growth in 2003; Public Fabless Companies Totaled $24.2 Billion in Revenue for The Year
SAN JOSE, Calif.—(BUSINESS WIRE)—March 17, 2004—
The Fabless Semiconductor Association (FSA), the global
voice of fabless and hybrid semiconductor companies and their foundry
and supply-chain partners, announces worldwide public fabless revenue
grew 16.2 percent in calendar year 2003, totaling $24.2 billion.
U.S. fabless companies represented 78 percent of 2003 total
fabless revenue, followed by Taiwan, which contributed 18 percent.
Europe and Japan each represented two percent, and sales in China and
Canada each totaled 0.4 percent.
Five Taiwanese fabless companies placed in the top 20 out of 131
public fabless companies worldwide, when ranked by 2003 revenue.
-- MediaTek (TSE:2454) ranked sixth, reporting $1.1 billion
-- VIA Technologies (TSE:2388) ranked 11th, reporting $598
million
-- Sunplus Technology (TSE:2401) ranked 16th, reporting $325
million
-- NovaTek (TSE:3034) ranked 18th, reporting $320 million
-- Realtek Semiconductor (TSE:2379) ranked 20th, reporting $272
million
"The FSA expanded globally into Asia in 2003 as a result of the
significance that these regional fabless leaders have on the
semiconductor supply chain and the contribution they make to the
industry as a whole," said Jodi Shelton, co-founder and executive
director of the FSA.
In addition to overall 2003 revenue data, the FSA also reports the
following Q4 2003 financial results:
-- Q4 2003 revenue totaled $7.8 billion, a 23.4 percent growth
over Q4 2002, and a 13.8 percent sequential growth.
-- Fabless revenue represented 16.6 percent of total
semiconductor industry sales.
-- Worldwide fabless market capitalization reached $133.8
billion, with 21 percent of all companies having market caps
greater than $1.0 billion.
-- Net income totaled $567 million. The three companies
disclosing the highest profit include MediaTek, SanDisk
(Nasdaq:SNDK) and Xilinx (Nasdaq:XLNX), reporting $143.5
million, $87.8 million and $69.5 million, respectively.
-- Fabless companies spent an average of 23 percent on research
and development (R&D).
This and more detailed data can be found in the FSA's new
comprehensive Global Fabless Financial Report, which includes fabless
earnings information covering: revenue; net income; geographic
comparisons; profit margins; market capitalization; R&D; selling,
general and administrative expenses; foundry updates; and initial
public offering (IPO) and merger and acquisition (M&A) activity. For
more information, or to purchase this report, visit www.fsa.org/store.
About the Fabless Semiconductor Association
The FSA is the global voice of fabless and hybrid semiconductor
companies and their foundry and supply-chain partners. Incorporated in
1994, the Association (www.fsa.org) is focused on the perpetuation of
the fabless business model throughout the worldwide semiconductor
industry. The organization encourages the relationship between
semiconductor companies and suppliers, facilitates business
partnerships, creates awareness of the fabless/outsourced business
model, disseminates industry data, and fosters standards and policies.
FSA members include fabless companies, integrated device
manufacturers (IDMs), foundry providers, packaging/assembly houses,
intellectual property providers, electronic design automation
companies, OEMs, photomask companies, design software companies,
investment bankers, venture capitalists and other companies. FSA
members represent more than 21 countries spanning North America,
Asia-Pacific, Europe and the Middle East.
Contact:
Fabless Semiconductor Association, Dallas
Vivian Pangburn, 972-866-7579 ext.140
vpangburn@fsa.org
or
Shelton PR, Dallas
Media Contact
Helen Garrett, 972-239-5119 ext. 201
hgarrett@sheltongroup.com
or
Erin Anthony, 972-239-5119 ext. 135
eanthony@sheltongroup.com
