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Apple Is World’s Largest Buyer of Semiconductors

Apple Is World’s Largest Buyer of Semiconductors

Apple is now the world’s largest buyer of semiconductors, according to a report by IHS iSuppli. It’s no surprise given they have sold over 200 million iOS devices.

CNET reports:

According to the research firm, Apple spent $17.5 billion on semiconductors in 2010, representing a whopping 79.6 percent increase over the $9.7 billion it spent in 2009. That year, Apple was ranked third among semiconductor buyers behind Hewlett-Packard (HP) and Samsung.

Source: IHS iSuppli

Apple’s domination in the mobile devices market, and demand for chips, will no doubt continue given this autumn’s update to iOS 5 and corresponding iPhone 5/4S launch. The company reported in Monday’s WWDC keynote that Mobile Safari commands nearly two-thirds of the mobile browser market and they created a new category of device with the iPad, having sold 25 million of them in the first 14 months.

via CNET News