The Internet of things is not the next market, chip manufacturers tell you that the Internet of things is now-Recent activities

With the sluggish signs of the smartphone market, chip makers have gradually relied on the growth of Internet of Things (IoT) in recent years.

For years, we have been hearing the Internet of things as the next big event (Next Big Thing), as well as the industry's bold forecasts for the market - including the forthcoming devices of the megabyte, and more than hundreds of billions of dollars in IC revenue.

So far, some chip makers' financial reports have shown a weak demand for smart phone chips, especially the quarterly reports of TSMC last month. In spite of this, concerns about the smartphone market in the market - especially the iPhone of Apple - did not, in fact, hit Apple's first quarter results of this year, including iPhone X sales that were better than expected.

As the year's market slows down, smartphones may not be able to meet chip suppliers' requirements, but so far from the first quarter of its release, it is clear that the Internet of things is accelerating the growth of semiconductor sales. Many companies have attributed their sales growth to the Internet of things, including Intel (Intel), TI (TI), ST (ST), Cypress Semiconductor (Cypress Semiconductor) and Silicon Labs.

Tom Hackenberg, chief analyst for embedded processors at IHS Markit, said: "Over the past few years, these companies have been restructuring to assign the entire department to the IoT platform. That's why you heard so much about IoT driven revenue. "

According to IC Insights, semiconductor sales for Internet of Things will total about $24.5 billion this year, up from $21.3 billion last year. The market research company is now updating its forecast for IoT chip sales, but according to last year's estimate, the market will grow to $31 billion 100 million in 2020.

Rob Lineback, a senior market research analyst of the IC Insights, said in an email to EE Times, "in view of the weakness of the smartphone market, the IC leading suppliers in the mobile phone sector are stepping up the Internet of things services. "