Nexperia, the expert in essential semiconductors, today announced its financial results for 2021, with strong growth being gained in all areas. The semiconductor manufacturer, which specializes in Discrete components, Power- and Logic ICs, saw a 49% year-on-year increase in total revenue – reaching $2.14 billion. This means that Nexperia has outperformed the overall semiconductor market and has been able to increase its market share by 1% to 9.4%.
Over the last five years, the company has developed industry-leading manufacturing capabilities that are fully aligned with the highest automotive standards, while also offering a comprehensive product portfolio. "The development of our company since its inception has been truly remarkable," states Stefan Tilger, CFO of Nexperia. "We have been able to drive up sales by at least 30% across all business areas during 2021, recovering well from the Covid 19-related challenges. What is now essential is to scale-up our manufacturing output so we can meet ever heightening customer requirements.”
To keep up with rising levels of demand, Nexperia continues to invest in strengthening its production capacities, both in own facilities as well as through external partnerships. Record investments have been made in Europe and Asia - tripling the outlay from the previous year. Key examples include further expanding capacity in the company’s European wafer fabs and capacity expansion in its test and assembly facilities. In the coming year, these investments will be significantly increased once again.
The existing Nexperia portfolio of more than 15,000 products is continuously being extended, with more than 800 new products being launched by the company in 2021. To complement the current portfolio, greater emphasis is being placed on more differentiated, unique and combined products. Technological advancement is being accelerated in Power Discretes (Si, SiC and GaN) and Modules, innovative products in 12 inch, as well as in the analog IC portfolio, power management ICs and signal conditioning ICs.
"Research and development is vital to the company’s long-term prosperity, which is why we are investing heavily here,” Tilger adds. “There have been expansions of our R&D activities globally. In 2021, we invested about 10% of our total revenue in this area and that percentage is expected to rise to 15% in the future. We will continue to invest in growth and enhance our innovation ability to meet the requirements of our customers."
“Nexperia's developments follow a clear strategy”, Tilger concludes. "We have ambitious plans for the future and will become a world leader in essential semiconductors by 2030, with sales revenues exceeding $10 billion. We will achieve this by becoming number one in the market segments we serve, and the financial figures released are a big step towards that goal.”
