The semiconductor revenues decreased by 2.2% in 2012.
Worldwide semiconductor revenues are expected to increase by 3-4% during 2013, according to the report from International Data Corporation.
According to the report, during 2012 the semiconductor revenues decreased by 2.2% year-on-year to $295bn due to a slowdown during the second half of 2012 driven by the weak consumer spending across PCs, mobile phones, and digital televisions (DTV).
In spite of the launch of the Windows 8, the European economic crises and a slowdown in China had affected the global semiconductor demand, while competition from the Chinese suppliers also contributed to the fall of the revenue, the report added.
IDC Semiconductors research manager, Michael Palma, said: "Large vendors have been going through a process of narrowing their product portfolios to focus resources on profitable lines where their IP and experience provide an edge in the market."
The market was led by Intel, which experienced a 3% decrease in the revenues to $50bn in 2012, followed by Samsung Electronics that saw 6% decline in the revenues, while Qualcomm's revenue grew 34% to $13.2bn due to it's the success of its Snapdragon application processor in smartphones.
Among the 120A companies, the top 25 semiconductor companies registered revenues of about $206bn, a 3% year-on-year decrease and the AllWinner, a tablet application processor supplier, was the fastest growing company during 2012.
