SAN JOSE, California -- Renesas Technology Corp. debuted at number 3 in a ranking of chipmakers by revenue for the first half of 2003, compiled by market research organization iSuppli Corp. Overall the market grew by 9.5 percent, iSuppli said.
The company said that the first half growth was a sign the semiconductor market could grow more than 9 percent in 2003 overall.
Renesas is a merger of the logic semiconductor interests of Hitachi Ltd and Mitsubishi Electric, which had been at number 10 and 11 in the ranking.
Infineon Technologies, Philips Semiconductors and Texas Instruments secured the strongest growth compared with the first half of 2002 scoring 29.3 percent, 19.3 percent and 15.2 percent respectively.
Out of the top ten Intel had almost the lowest recorded growth, at 4.0 percent, beaten only by Motorola, which suffered a sales decline of 1.8 percent and slipped from eighth to tenth spot, according to iSuppli.