Analog Devices Extends Lead in Worldwide Data Converters
May 08 2012 - 11:01PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) leads the worldwide data
converter market with a 48.5 percent share, according to industry
analyst firm Databeans, Inc., an independent market research
company focused on the semiconductor and electronics industry. In a
newly issued market research report entitled “2012 Analog,”
Databeans confirmed that Analog Devices continues to lead the data
converter market worldwide with a majority share that is larger
than the combined market share of all the companies identified by
the research.
“With a 2011 market share exceeding over twice that of its
nearest competitor, Analog Devices continues as the clear
front-runner in the $2.7 billion data converter market,” said Susie
Inouye, principal analyst for Databeans. “By continuously improving
and adapting converter architectures and process technologies, ADI
is able to meet customer performance benchmarks across a diverse
and expanding customer base within industrial, healthcare,
communications, consumer and automotive markets.”
The Databeans report predicted that 2012 overall data converter
revenue will likely increase by more than 6 percent from the
previous year. Longer term, Databeans estimates that the market for
converters should continue to experience an average annual growth
rate of 10 percent through 2017.
"An increasingly data-centric world is driving lock-step demand
for continuous improvement in data conversion technology" said Dick
Meaney, vice president, Converter Group, Analog Devices. "ADI’s 47
years of analog and mixed-signal design experience, combined with
our aggressive level of investment, results in industry-leading
data converter innovation and value. This consistency in providing
products that meet stringent customer performance benchmarks across
a diverse and expanding customer base, is the key to our continued
growth in market share."
About Analog Devices
Innovation, performance, and excellence are the cultural pillars
on which Analog Devices has built one of the longest standing,
highest growth companies within the technology sector. Acknowledged
industry-wide as the world leader in data conversion and signal
conditioning technology, Analog Devices serves over 60,000
customers, representing virtually all types of electronic
equipment. Analog Devices is headquartered in Norwood,
Massachusetts, with design and manufacturing facilities throughout
the world. Analog Devices is included in the S&P 500 Index.
http://www.analog.com
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This release may be deemed to contain forward-looking statements
intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, among other things, our
statements regarding expected growth in the overall data converter
market, expected growth in ADI’s revenue and market share, and
expected advances in our technology and improvements in our product
performance, that are based on our current expectations, beliefs,
assumptions, estimates, forecasts, and projections about the
industry and markets in which Analog Devices operates. The
statements contained in this release are not guarantees of future
performance, are inherently uncertain, involve certain risks,
uncertainties, and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed in such forward-looking statements, and such
statements should not be relied upon as representing Analog
Devices’ expectations or beliefs as of any date subsequent to the
date of this press release. Important factors that could cause
actual results to differ materially from the results described,
implied or projected in any forward-looking statements include:
sovereign debt issues globally, any faltering in global economic
conditions and financial markets, erosion of consumer confidence
and declines in customer spending, unavailability of raw materials,
services, supplies or manufacturing capacity, changes in
geographic, product or customer mix, adverse results in litigation
matters, and other risk factors described in our most recent
filings with the Securities and Exchange Commission. We do not
undertake any obligation to update forward-looking statements made
by us.
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