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Electronic Integrated Circuit Export by Country as of 2016, by HS4 trade classification.
Export of discrete semiconductors as of 2016, by United Nations Harmonized Commodity Description and Coding Systems 4

The semiconductor industry is the aggregate collection of companies engaged in the design and fabrication of semiconductor devices. It formed around 1960, once the fabrication of semiconductors became a viable business. It has since grown to be a $412.2 billion industry in 2017.[1]


Industry structureEdit

The global semiconductor industry is dominated by the United States, Japan, Taiwan, Israel, Singapore, South Korea, Malaysia, China and the European Union.

Unique features of the industry include continuous growth but in a cyclical pattern with high volatility. While the current 20 year annual average growth of the semiconductor industry is on the order of 13%, this has been accompanied by equally above-average market volatility, which can lead to significant if not dramatic cyclical swings. This has required the need for high degrees of flexibility and innovation in order to constantly adjust to the rapid pace of change in the market as many products embedding semiconductor devices often have a very short life cycle.

At the same time, the rate of constant price-performance improvement in the semiconductor industry is staggering. As a consequence, changes in the semiconductor market not only occur extremely rapidly but also anticipate changes in industries evolving at a slower pace. The semiconductor industry is widely recognized as a key driver and technology enabler for the whole electronics value chain.[2]

Largest companiesEdit

The following are the 10 largest semiconductor companies as ranked in 2018 by IC Insights based on annual revenue.[3]

  1. Samsung
  2. Intel
  3. SK Hynix
  4. TSMC
  5. Micron Technology
  6. Broadcom
  7. Qualcomm
  8. Toshiba
  9. Texas Instruments
  10. Nvidia

The following are the 10 largest semiconductor companies as ranked in Q1 2019 by IC Insights based on quarterly revenue.[4]

  1. Intel
  2. Samsung
  3. TSMC
  4. SK Hynix
  5. Micron Technology
  6. Broadcom
  7. Qualcomm
  8. Texas Instruments
  9. Toshiba
  10. Infineon
Major Semiconductor Companies
Name HQ country Revenue (US$) Net Profits (US$) Hardware Products
Samsung Electronics South Korea NAND flash memories, DRAMs, CMOS sensor, RF transceivers, OLED panels
Intel USA
Micron USA DRAM, NAND Flash, SSD, NOR Flash, Managed NAND, Multichip packages
TSMC[a] Taiwan
Qualcomm[b] USA
Broadcom[b] USA
SK Hynix South Korea
Texas Instruments (TI) USA
Analog Devices USA Amplifiers, Data converters, Audio and Video products,RF & Microwave, Sensors & MEMS
Toshiba Japan
Microchip USA Microcontroller and analog semiconductors
NXP Netherlands
MediaTek[b] Taiwan
Infineon Germany
STMicroelectronics Switzerland
Sony Japan
Nvidia[b] USA
Renesas Japan
GlobalFoundries[a] USA
ON Semiconductor USA
UMC[a] Taiwan

Companies in the table above without a note are IDMs, or Integrated Device Manufacturers. They may or may not offer foundry services.

See alsoEdit


  1. ^ a b c Pure-play foundries. They may or may not offer design services to third parties, as well as mask (photomask) making, semiconductor packaging and testing services, which can also be outsourced to other companies. An example is TSMC, which offers design, testing and packaging services, TCE phtomasks, which offers only mask making services, and ChipMOS, which offers only packaging and testing services.
  2. ^ a b c d Fabless suppliers. They may or may not offer design services to third parties.


  1. ^
  2. ^ Staff, ReportLinker. “Global Semiconductor Market Outlook 2022.” January 13, 2016. February 19, 2016.
  3. ^ Manners, David (14 November 2018). "Top Ten (+5) Semiconductor Companies 2018". Electronics Weekly. Retrieved 15 June 2019.
  4. ^ "Intel Tops Q1 Chip Sales; Semiconductor Market to Decline 7.2% in 2019". IC insights. May 17, 2019.