Altera Corporation SWOT Analysis, Competitors & USP
Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Altera Corporation analyses the brand by its strengths, weaknesses, opportunities & threats. In Altera Corporation SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Altera Corporation to benchmark its business & performance as compared to the competitors. Altera Corporation is one of the leading brands in the IT & Technology sector.
The article below lists the Altera Corporation SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Altera Corporation SWOT Analysis:
For Altera Corporation, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Altera Corporation Strengths
The strengths of Altera Corporation looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Altera Corporation :
1. Wide Range of products like FPGAs, CPLDs, Embedded Processors, ASICs, etc.
2. High focus on research and development
3.Significant market position
4. Diversified business market and global presence
3. Strong financial performance revenue of 2.06 billion and employee base of more than 2500.
Altera Corporation Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Altera Corporation SWOT Analysis:
1. Dependence on sub-contractors
2. Concentration of distribution network
Altera Corporation Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Altera Corporation SWOT Analysis:
1. Strategic alliance
2.Expansion in Asian market
3. Long term growth for PLDs
Altera Corporation Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Altera Corporation are as mentioned:
1. Downturn of semiconductor industry
2.Declining in selling price of semiconductor products
Altera Corporation Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Altera Corporation:
Manufacturer of Programmable Logic Devices(PLDs) chips
Altera Corporation STP
Enterprises which needs semiconductor products.
Provides products for the companies like telecommunication, cell phones, notebooks and desktop, automotive electronics, factory automation, process control, military and aerospace system
Provides product with quality and can be reprogrammed
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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