Summary

China’s growing influence across every segment of the technology sector is not by chance, it is a fundamental pillar of Chinese economic policy. China’s growing influence over chip manufacturing and, increasingly, chip design is unlikely to be held back by the protectionist policies of the US government. Indeed, current US policy risks causing more harm to the US technology industry than good.

The end of Moore’s law has been largely dictated by physics - once the transistors on a chip are only two or three atoms apart, interference and random behavior is unavoidable. We are now at that point.

Our thematic scoring methodology is designed to identify tomorrow’s leaders rather than today’s incumbents, based on their competitive position in the most important themes impacting their industry.

To do this, we score the top 600 TMT companies against 60 investment themes, creating a database of 36,000 thematic scores - our thematic engine - to help us identify the strongest and weakest players in each sector over the next two years, once all relevant themes have been taken into account.

Scope

- This report is a sector scorecard, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and who the leading and lagging companies are.
- It includes a theme map that shows the 60 biggest themes driving growth in the tech, media and telecom sectors.
- It explains how some of the largest listed players in the sector have performed over the last four years.
- It looks at major technology, macro-economic, and regulatory themes impacting semiconductor companies.

Reasons to buy

- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures.
- Corporate executives and investors who want to outperform their competitors need to understand all the themes that impact their sector.
- However, many of these themes are, by definition, outside of the core competencies of company boardrooms because they typically originate from external industries.
- This Semiconductor Scorecard provides a top-down, comprehensive outlook for the key players in the semiconductor industry over the next two years, based on the key themes set to transform their industry landscape.

Companies Mentioned
AMD
AMS
Analog Devices
Broadcom
Cirrus Logic
Cree
Cypress
Delta Electronics
Dialog
Diodes
Himax
Imagination Tech
Infineon
Intel
Marvell
Maxim
MediaTek
Melexis
Mellanox
Microchip
Micron
Microsemi
Monolithic Power Systems
Nanya Tech
Nvidia
NXP
On Semiconductor
Qorvo
Qualcomm
Realtek Semiconductor
Renesas
Rohm
Samsung Electronics
Silicon Labs
Silicon Motion
SK Hynix
Skyworks
SMIC
Softbank
STMicroelectronics
TDK
Texas Instruments
TSMC
UMC
Vanguard
Xilinx