Still Too Many Players In EDA
September 1, 2010
For the fiscal 2010, Gartner projects the global semiconductor market to grow 27% over the year to $290 billion after having dropped 9% over the year in 2009 to $225 billion. Recently reported results of major electronic design automation (EDA) industry players saw growth exceed market expectations.
The biggest player, Synopsys (NASDAQ:SNPS) saw Q3 revenues of $336.9 million exceed the market’s expected $335.5 million. EPS of $0.31 was a cent higher than the market’s projected $0.30.
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