Positive Serial EEPROM market for third consecutive year in 2006
STMicroelectronics has reported positive results and continued productivity in the Serial EEPROM market for 2006 for the third successive year – according to iSuppli. The iSuppli analysis reports ST with a 2006 market share of 25%, substantially ahead of its nearest competitor, and an increase in sales value of 17.8% despite falling prices. Products contributing to the $278 million sales total include Serial EEPROM devices, memory cards, and RFID tags.
ST performed excellently in 2006 compared to its main competitors, reaching a production volume of 1.7 billion serial EEPROM devices – an increase of more than 22% over 2005.
Commenting on the iSuppli results, Benoit Rodrigues, General Manager of ST's EEPROM Division, said: "We still hold solid position in EEPROM, with around 25% of the world market, and 2006 sales that were $50 million more than our nearest competitor."
ST's Serial EEPROM devices are used across all market segments, especially in automotive – where they are specified to operate in the -40 to +125 degree C temperature range and comply with the High Reliability Certified Flow (HRCF) standard – and in communications, consumer electronics, industrial and personal computer applications. Gaming, LCD modules, digital TVs and wireless-LAN were particularly strong areas in 2006.