Top 10 semiconductor buyers lower chip spending by 7.6% in 2022: Report

The top 10 global original equipment manufacturers (OEMs) have lowered their chip spending by 7.6 per cent and accounted for 37.2 per cent of the total market in 2022, a new report said on Monday.

According to Gartner, most of the top 10 semiconductor customers are major PC and smartphone OEMs.

“As a result, a sharp drop in consumer demand for PCs and smartphones prevented the top OEMs from increasing unit production and shipments,” Masatsune Yamaji, Senior Director Analyst at Gartner, said.

“The zero-Covid policy in China also caused serious material shortages and short-term disruptions to the electronics supply chain.