HP is world's top chip buyer, study says

Hewlett-Packard will shell out $16.1 billion for chips in 2005, but Dell's wallet is wide open, too.

For the time being, Hewlett-Packard will keep the crown as the world's biggest spender on semiconductors, according to a report released Monday.

The Palo Alto, Calif.-based computer and printer company will shell out $14.5 billion in 2004, up 31 percent from the $11 billion it spent last year, market researcher iSuppli said. HP is expected to spend $16.1 billion in 2005.

Expenditures among the top 160 original equipment manufacturers in 2004 will touch $167 billion, about 24 percent more than last year's $135 billion. The projected sum for 2005 is $184 billion. About 47 percent of chips will eventually land in Asia this year.

Dell will pay $13.4 billion for chips in 2004, about a third more than the $10.1 billion it spent the previous year, to retain the second position. But it will inch closer to HP by 2005, with its spending for next year expected to hit $15.6 billion.

The largest spending growth came from Samsung, which topped IBM and Siemens to claim the fifth position among semiconductor buyers. Samsung will spend $5.88 billion, up 36.1 percent from a year ago.

About the author

Discuss HP is world's top chip buyer, study says

Conversation powered by Livefyre

Show Comments Hide Comments
Latest Articles from CNET
Tablet market continues to sag, researcher says