Analog Devices, Inc. : Analog Devices Extends Lead in Worldwide Data Converters
05/09/2012| 12:05am US/Eastern

Recommend:
ADI is No. 1 converter supplier; 48.5 percent market share is more
than all identified competitors combined, reports Databeans in May 2012
Analog Report
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
To subscribe to ADI's News Feed
http://www.analog.com/en/homepage/news.xml
Follow ADI on Twitter at http://www.twitter.com/ADI_News
Subscribe to Analog Dialogue, ADI's monthly technical journal,
at: http://www.analog.com/library/analogDialogue/
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.

Analog Devices, Inc.
Jim Surber, 336-605-4365
jim.surber@analog.com
or
Porter
Novelli
Jessie Hennion, 617-897-8230
jessie.hennion@porternovelli.com
© Business Wire 2012
Recommend :