Santa Clara, Calif-based semiconductor manufacturer Intel led the semiconductor industry with 15.4 percent market share. The company’s revenue in 2015 was $51.7 billion, down 1.2 percent from the previous year.
The slow PC market in 2015 caused Intel problems as its processors are mainly used in desktops, but the company has tried to offset that challenge by investing heavily in the data center and Internet of Things segments.
Intel also joined the slew of semiconductor companies making strategic acquisitions in 2015 with the acquisition of Lantiq. Driven by Lantiq’s broadband gateway and digital home capabilities, the acquisition helped Intel almost double its wired ASSP business. The company also completed its biggest-ever acquisition of Altera, which expanded Intel into field-programmable gate arrays.