This report has specific focus in Semiconductor Timing. We split the industry segment into two main parts; Xtal and Oscillators, and Semiconductor Clock & Timing.
The fundamental difference being in Semiconductor Clock and Timing, external resonators/Xtals are utilized along with Inline, Quad, and BGA type packaging, Vs. a Module approach in Oscillators where all components are embedded in a MCM typically packaged in SMD plastic or CSP. Semiconductor Clock and Timing also includes Die/Wafer sales into FCP and RF components and modules.
We include all technologies in play today to include; SAW, Quartz, MEMS, and Compensated CMOS. Combined these two defined segments account for the full spectrum of Semiconductor Timing solutions.
Product Categories Covered in this report
Semiconductor Timing - The challenge ahead...
2013 proved to be one of the most challenging years on record for Semiconductor Timing Overall. Marked by extreme price pressure, changing application needs and requirements, MnA in the supplier base at continued high levels, new technology roll outs, revised product mixes and portfolios, and a rapidly changing market with applications pushing both performance and cost/price, Semiconductor Timing is undergoing an evolution that perhaps many suppliers will be unable to keep pace with...
Last year we reported with the Headline; “Have we reached a crescendo in Semiconductor Timing?”, and the answer is an unequivocal yes. We believe we are at the peak in Semiconductor Timing right now, and that the revenues will fall until we deliver a new technology at the right point of inflection.
This is not Fear, Uncertainty, and Doubt (FUD), but a realistic analysis of the numbers, trending, technologies, and supply chain, coupled with the demand for more things of the internet and the structures and networks to support all the connectivity. Revenues for Semiconductor Clock and Timing have fallen to a new low of less than $1B usd down to ~$870 Million USD as the industry continues to concatenate ( this number does not include RF, die sales, and some high end timing solutions- see our section on the numbers for the full detail and breakdowns).
This is not revolutionary, but an expected evolutionary process, as integration and embedding of the timing function where possible, especially in Consumer Electronics Timing has cost, size, and power as prime considerations. We also warned about cannibalizing our markets last year, and we are victims of our own technology, as embedding has proven to work and has enabled much in CE Timing integration value. This is also proving true in PC Timing as the associated chip set (North and South Bridges) saw integration of most key timing functions that were traditionally external and generated a WW TAM in excess of $250 M USD just 5 short years ago. In other markets the value added appreciation for precision, high precision, and ultra-precision class semiconductor timing solutions remains high and continues to provide the balance needed for our industry.