BOSTON, July 22, 2014 /PRNewswire/ -- While GaAs epitaxial substrate demand registered a small gain in 2013, revenues declined for the second straight year. The recently released Strategy Analytics Advanced Semiconductor Applications (ASA) spreadsheet model and Forecast and Outlook report, "Markets for Semi-Insulating GaAs Epitaxial Substrates: 2013 - 2018", forecasts that trends in the GaAs device market will result in only slight production growth and further revenue declines.
Click here for the report: http://bit.ly/UbgXsm
The report concludes:
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Eric Higham, Service Director, Advanced Semiconductor Applications commented: "The same trends that are challenging the GaAs device manufacturers filter down to the substrate manufacturers. Increasing market share for CMOS PAs and multi-mode, multi-band GaAs PAs will both slow growth and reduce revenue at the epi substrate manufacturers."
Asif Anwar, Director in the Strategic Technologies Practice added: "IQE has become the dominant supplier in MOCVD and MBE substrates, but all the suppliers will be facing the challenge of a GaAs device market that is flattening."