tmrFebruary 15, 2021 13
A substantially cutthroat competitive landscape exists in the global reset integrated circuit (IC) circuit market, observes Transparency Market Research, based on a recent report. The market mainly showcased a consolidated outlook, wherein five key players comprised more than 55% of the total market shares in 2016. These five companies in the global reset integrated Circuit (IC) market are: On Semiconductor, Texas Instruments, ST Microelectronics, Analog Devices, and Linear Technology. Most of the players are highly participating in product innovation, by undertaking extensive research and development. In addition to this strategy, a noticeable trend is being observed regarding the competitive landscape, wherein a lot of emphasis on acquisitions and mergers, as per our expert analysts.