Automotive chip market was up 8.1% in 2007, says analyst

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Automotive chip market was up 8.1% in 2007, says analyst

posted on Feb 06, 2008 08:26AM

Automotive chip market was up 8.1% in 2007, says analyst

Peter Clarke

EE Times Europe

02/06/2008 11:52 AM

LONDON — Spending on automotive semiconductors advanced to $20.1 billion in 2007, up 8.1 percent on $18.6 billion spent in 2006, according to a preliminary estimate from Gartner analyst Adriana Blanco.

This exceeds the 2.9 percent annual growth Gartner reckons the overall semiconductor market achieved in 2007 (see Dec. 15, 2007 story).

Blanco said that Robert Bosch spent most, followed by Denso and Siemens VDO Automotive.

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