Global and China GaAs-based Device Industry Report, 2011-2012

Distinct from traditional silicon semiconductor, gallium arsenide (GaAs) is a compound of the elements gallium and arsenic. It is an III-V semiconductor and is mainly used in handset RF front end like power amplifier (PA). In the 4G era, handset RF front end becomes more sophisticated. The RF front end of 4G devices costs around USD9-11, twice of that of 3G system and 6 times of that of 2G system. The handset RF system mainly consists of transceiver, PA, filter and antenna switch. The market size of handset RF approximated USD3.8 billion and is expected to hit USD5 billion in 2016.

Taking 4G iPad for example, it applies as many as 19 RF front-end components, including 7 PAs, 1 transceiver and 2 antenna switch modules (ASM). Of those devices, 3 PAs are provided by AVAGO and correspond to three LTE frequency bands; 2 PAs are supplied by Skyworks and correspond to two 3G frequency bands; 1 PA is offered by TriQuint, which contains three separate PA dies and corresponds to four 2G frequency bands; the rest 1 PA is in the ASM supplied by Japan-based Murata; the two ASMs are provided by Murata. Additionally, 4G iPad is integrated with 802.11/Bluetooth/FM supported by Broadcom BCM4330, and its SIP IC contains GaAs pHEMT PA provided by Skyworks.

Murata is the largest MLCC manufacturer, the largest communication module (including Bluetooth module and WLAN module) producer, the second largest SAW filter manufacturer and the largest antenna switch producer in the world. On March 1, 2012, Murata completed the acquisition on PA Division of Renesas and marched into PA market, which empowers the company to possess the most complete product line in the handset RF market.

Kopin, VPEC and IQE are the world’s top three GaAs Epilayer manufacturers, together accounting for over 60% market share. Kopin and VPEC adopt MOCVD process and IQE applies MBE method. Headquartered in the U.S., AXT, the only publicly traded GaAs substrate company, was acquired by a Chinese company in Dalian as early as in 2003, with manufacturing base located in Beijing.

Win Semiconductor is the largest GaAs foundry with AVAGO as its main customer. AWSC’s major client is Skyworks that has its own GaAs fab and outsources its production in the case of insufficient capacity. Anadigics is the smallest GaAs IDM and its revenue fell by 29% in 2011.

RFMD, once the world’s largest PA manufacturer, relies heavily on big customers. In FY2008, Nokia contributed to 59% of RFMD’s revenue, and Motorola 14%. In the era of 3G and smart phone, Nokia’s business drops sharply, so RFMD shows slow transition and sees declining performance, with revenue slipping 17% or so in 2011.

Skyworks is in its heyday. It is supported by its main customers, the global top 10 mobile phone vendors, and boasts the most reasonable customer distribution and first-class technology. AVAGO is a rising star and provides services for 3G and 4G devices. Its acquisition of Infineon’s BAW Division in 2008 makes AVAGO market share in BAW filter area register as high as 65%, and BAW filter enjoys the highest price among the handset RF front end components. AVAGO and Skyworks may rival each other in the coming years.

SEDI is a subsidiary of Sumitomo Electric Industries which acts as a manufacturer possessing the complete industry chain ranging from the upstream substrate to the downstream IC. The products of SEDI target at the PA of base station.

RDA, a Chinese mainland manufacturer, booms by virtue of unbranded phone fabrication, with revenue growing 51.3% in 2011. The company ranks No. 1 in the market of unbranded cell phone PA, Bluetooth, FM turner and DVB-S tuner, and occupies more than 50% of FM turner and DVB-S tuner market share.

Table Of Contents

1 Profile of GaAs
1.1 Introduction
1.2 Applications
1.3 Comparison: GaAs, GaN and SiGe
1.4 Manufacturing Process
1.4.1 BiHEMT
1.4.2 BiHEMT

2 GaAs-based Device Industry
2.1 Industry Chain
2.2 Global Capacity
2.3 Supply & Demand
2.4 Ranking of Manufacturers

3 Downstream Market of GaAs-based Device
3.1 Network Devices
3.2 Mobile Phone
3.3 Global Mobile Phone Market Size
3.4 Market Share of Mobile Phone Brands
3.5 Smartphone Market and Industry
3.6 Geographical Distribution of Chinese Mobile Phone Industry
3.7 Export Scale of Chinese Mobile Phone
3.8 Characteristics of Chinese Mobile Phone Exports
3.9 Exports of Chinese Mobile Phone by Region

4 Wireless RF Front-end
4.1 iPad 4G Communication System
4.2 RF Front-end for Mobile Phone
4.3 Mobile Phone Filter
4.3.1 TDK-EPC
4.4 Antenna Switch for Mobile Phone
4.5 Mobile Phone PA
4.6 PA Suppliers for Mobile Phone Brands

5 GaAs-based Device Manufacturers
5.1 Murata
5.2 Kopin
5.3 Semiconductor Division of Sumitomo Electric
5.4 Freiberger
5.5 AXT
5.6 IQE
5.7 Win Semiconductor
5.8 AWSC
5.9 VPEC
5.10 GCS
5.11 TriQuint
5.12 AVAGO
5.13 Anadigics
5.14 RFMD
5.15 RDA
5.16 Skyworks
5.17 SEDI
5.18 Hittite Microwave
5.19 M/A-COM Technology

List Of Charts

Main Manufacturers in GaAs Industry Chain
Capacity of Major GaAs IDMs Worldwide, 2008 -2013E
Capacity of Global Key GaAs Foundry, 2008-2013E
Global Demand for GaAs, 2010-2015E
Market Share of Global GaAs Manufacturers by Capacity
Ranking of Global GaAs Manufacturers by Revenue, 2011-2012E
Shipment of Wireless Home Network Devices Worldwide, 2010-2015E
Shipment of Global Enterprise Network Devices, 2010-2015E
Global Wi-Fi Device Shipment, 2010-2014E
Proportion of 4G Mobile Phone, 2010-2015E
PA Usage Amount per Mobile Phone, 2010-2015E
Autofocus Camera Phone Shipment, 2007-2013E
Global Mobile Phone Shipment, 2007-2014E
Quarterly Global Mobile Phone Shipment and Annual Growth Rate, Q12009-Q42011
3G/4G Mobile Phone Shipment by Region, 2010-2012E
Market Size of Mobile Phone Filter and Duplexer, 2010-2016
Market Share of Main BAW and SAW Filter Manufacturers, 2011
Revenue and EBIT of TDK-EPC, 2008-2011
TDK-EPC Revenue by Product, 2008-2011
Shipment of Mobile Phone Antenna Switch by Technology, 2010-2016E
Market Share of Global Key Mobile Phone Antenna Switch Manufacturers, 2011
Revenue of Global Mobile Phone PA Manufacturers, 2010-2011
Market Share of 3G/4G Mobile Phone PA Manufacturers, 2011
Market Share of 2G Mobile Phone PA Manufacturers, 2011
Main PA Suppliers for Nokia Mobile Phone, 2010-2011
Major PA Suppliers for Samsung Mobile Phone, 2010-2011
Key PA Suppliers for LG Mobile Phone, 2010-2011
Market Share of Main Grey Brand Phone PA Manufacturers in China, 2011
Major Apple PA Suppliers, 2010-2011
Revenue, New Order and Backlog of Murata, Q1 2009-Q4 2011
Operating Income and Net Income of Murata, Q1 2009-Q4 2011
Murata Revenue by Product, FY2011-FY2012
Murata Revenue by Application, FY2011-FY2012
Market Share of Global GaAs Epilayer Manufacturers, 2010-2011
Global Presence of Kopin
Revenue and Operating Margin of Kopin, 2006-2011
Kopin Revenue by Business, 2008-2011
Kopin Revenue by Customer, 2008-2011
Revenue and Operating Margin of AXT, 2004-2011
ATX Revenue by Product, 2006-2011
ATX Revenue by Region, 2006-2011
Revenue and Operating Margin of IQE, 2005-2011
IQE Revenue by Business, 2008-2011
IQE Revenue by Region, 2008 and 2009
Revenue and Operating Margin of Win Semiconductor, 2005-2012E
Gross Margin, Net Profit Margin and Operating Margin of Win Semiconductor, Q1 2009-Q3 2011
Monthly Revenue of Win Semiconductor, Mar. 2010-Mar. 2012
Core Competitiveness of Win Semiconductor
Capacity of Win Semiconductor, 2005-2011
Revenue and Gross Margin of AWSC, 2006-2012E
Monthly Revenue of AWSC, Mar. 2010-Mar. 2012
Revenue and Operating Margin of VPEC, 2005-2012E
Revenue and Gross Margin of TriQuint, 2001-2012E
TriQuint Revenue by Business, 2005-2011
Revenue of TriQuint Mobile Phone Business by System, 2005-2010
GaAs Capacity of TriQuint Texas Plant, Q1 2009-Q4 2011
BAW Filter Capacity of TriQuint Texas Plant, Q1 2009-Q4 2011
FLSAW Capacity of TriQuint Florida Plant, Q1 2009-Q4 2011
Flip Chip Capacity of TriQuint Costa Rica Plant, Q1 2009-Q4 2011
Smartphone RF Structure Trend
Revenue and Operating Margin of AVAGO, FY2004-FY2011
AVAGO Revenue by Division, FY2007-FY2011
Revenue, Gross Margin, Operating Income and Net Income of AVAGO, Q1 FY2010-Q1 FY2012
Revenue and Gross Margin of ANADIGICS, 2003-2011
ANADIGICS Revenue by Customer, 2007-2011
ANADIGICS Revenue by Business, 2005-2011
ANADIGICS Revenue by Region,2008-2011
Revenue and Operating Margin of RFMD, FY2002- FY2012
RFMD Revenue by Division, FY2009-FY2012
RFMD Revenue by Region, FY2010-FY2011
Revenue and Operating Margin of RDA, 2007-2011
RDA Revenue, Q1 2009-Q1 2012
Gross Margin of RDA, Q1 2010-Q1 2012
Market Share of RDA Products in China
PDA Product Timetable
RDA Product Roadmap
RDA Baseband Roadmap
RDA Revenue by Product
Revenue and Gross Margin of Skyworks, FY2002-FY2011
Expenses of Skyworks, FY2007-FY2011
Revenue and Operating Margin of Skyworks, Q1 FY2010-Q2 FY2012
Skyworks Revenue by Region, FY2005-FY2011
Skyworks Revenue by Customer, FY2007-FY2011
Revenue and Operating Income of Hittite Microwave, 2007-2011
Revenue and Operating Income of M/A-COM, 2007-2011
M/A-COM Revenue by Product, 2010-2011