The semiconductor market has bounced back after a decline in 2009, logging annual revenues in 2010 of $300m (£190m), according to new figures from Gartner.
The analyst firm said that the market had increased by 31.5 per cent against 2009, and that "pent up demand" had caught some manufacturers by surprise.
"In 2010, the semiconductor market was driven by pent-up demand as system makers scrambled against depleted inventories to obtain parts," said Stephan Ohr, semiconductor research director at Gartner, in the firm's latest Market Share Analysis.
"Integrated device manufacturers and foundries scrambled to put new capacity in place. With slowing demand and a weakening consumer confidence in the third quarter, lead times are coming down and inventories are slowly starting to build.
"Still, semiconductor vendors are working on fulfilling backlog orders, and 2010 will go on record as a banner year for the semiconductor industry."
This is only the third time in semiconductor history that revenue has increased by 30 per cent or more, according to Gartner, while the $300m figure has been "long regarded as a benchmark achievement".
Intel held the number-one position for the most sales, a place that it has held for the past 19 years. However, Intel's lead fell slightly from 14.2 per cent in 2009 to 13.8 per cent this year.
This may be due to a lack of demand for mini notebooks, Gartner explained, as this is a segment in which Intel had a monopoly.
Samsung is in second place with 9.4 per cent, followed by Toshiba and Texas Instruments in joint third with just over four per cent.
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