Surprises surface in top 25 CapEx rankings
By Mark LaPedus, Semiconductor Business News
Apr 17, 2003 (1:52 PM)
URL: siliconstrategies.com
SCOTTSDALE, Ariz. - Intel Corp. is projected to be the top spender in terms of capital expenditure for the IC industry in 2003, but Korea's Samsung Electronics Co. Ltd. is nipping at the company's heels, according to new rankings from IC Insights Inc. here. See rankings in chart below
And surprisingly, Chinese foundry startup Semiconductor Manufacturing International Corp. (SMIC) cracked the top 10 rankings in terms of capital spenders for the first time ever, according to the Scottsdale-based research firm. Another Chinese foundry, Grace Semiconductor Manufacturing Co., was ranked 12th on the list.
The list from IC Insights includes the top 25 companies in terms of capital spending in 2003. In total, IC Insights projects that worldwide IC capital spending will hit $31.9 billion in 2003, up 15 percent over 2002 (see today's story ).
Another surprise also surfaced on the top 25 rankings. “What's surprising is who is not on the list,” said Bill McClean, president of IC Insights. “Motorola is not on the list,” he pointed out. Another surprise is that Philips Semiconductors is 25th on the list, he added.
Motorola Inc., which has been one of the top spenders in terms of capital expenditures, failed to make the top 25 list. Motorola, along with Philips, are looking outsource more and more of their respective chip production to outside foundries in an effort to cut costs, it was noted.
Meanwhile, not surprisingly, Intel tops the list, as the chip giant is expected to spend $3.7 billion in terms of capital expenditures in 2003, down 21 percent over 2002, according to IC Insights.
Samsung is second, as it is expected to spend $3.56 billion in 2003, up a staggering 90 percent over 2002, according to the report. Foundry giant Taiwan Semiconductor Manufacturing Co. Ltd. is third, with a capital spending plan of $1.25 billion, down 21 percent over 2002.
STMicroelectronics Inc. is next with $1 billion, flat from 2002. Then, Infineon is fifth with $990 million in 2003, up 16 percent from 2002, according to the report.
Micron Technology is sixth with $975 million, up 15 percent from 2002, and IBM Corp. is next with $900 million in 2003, down 14 percent. Toshiba Corp. is eighth with $840 million in capital spending in 2003, up 51 percent over last year.
Texas Instruments Inc. and SMIC are next and tied with $800 million in 2003, flat from last year. TI is ranked ninth, while SMIC is ranked 10th, according to IC Insights. |
