Total semiconductor revenue in 2013 from automotive infotainment to reach $6.67 B

IHS forecasts the total semiconductor revenue in 2013 derived from automotive infotainment will reach $6.67 billion, up 3 percent from $6.48 billion. Growth in 2013 is going to be slower than 2012, which has seen approximately 4 percent increase, but solid expansion returns next year and beyond, with revenue growth of 3 to 7 percent each year during the next five years, as per IHS. By 2018, automotive infotainment semiconductor revenue worldwide will amount to $8.54 billion, predicts IHS. Other points shared by IHS: The muted growth this year comes in the wake of decreased revenue in the aftermarket sector because of more complete features and system offers from OEMs, as well as a continuing decline in the personal navigation device (PND) segment of the industry. The drop in revenue for both areas will effectively eat into gains to be made by original equipment manufacturers, up a projected 6 percent from 2012 to $4.5 billion this year. Still, the automotive infotainment market overall remains immune to a downturn, unlike other markets that have been negatively affected by global economic uncertainties. The importance of automotive infotainment continues to increase as consumers clamor for built-in connectivity and telematics in cars, which now have become a major selling point of new vehicles. Used either alone or with mobile devices like smartphones and tablets, the ...