Global semiconductor revenue topped $500 billion for the first time in 2021

Gartner research shows global semiconductor revenues jumped 25.1% in 2021 from 2020 to top $500 billion for the first time, as strong demand pushed prices up.

The researcher’s preliminary results show that Samsung regained the top spot with a 13% market share, with Intel falling to second place with a 12.5% ​​market share.

Demand for semiconductors has increased since the start of the pandemic as demand for hardware has increased, leading to supply shortages for technology companies around the world.

“As the global economy rebounded in 2021, shortages emerged across the semiconductor supply chain, particularly in the automotive industry,” said Andrew Norwood, research vice president at Gartner. .

“The resulting combination of strong demand as well as higher logistics and raw material prices pushed up the average selling price of semiconductors, contributing to overall revenue growth in 2021.

“The 5G smartphone market also helped boost semiconductor revenues, with unit production more than doubling to 555 million in 2021 from 250 million in 2020.

“U.S. sanctions imposed on Huawei have allowed other Chinese smartphone OEMs to gain market share and fuel the growth of 5G chipset vendors such as Qualcomm, MediaTek and Skyworks. Meanwhile, HiSilicon, the subsidiary chip company, saw its revenue drop from $8.2 billion in 2020 to around $1 billion in 2021.”

Memory was found to be the top-performing device category, which Gartner said was primarily due to “increased server deployments by large-scale cloud providers to meet the needs of work, data, and computing.” learning and entertainment, as well as an increase in end-market demand for PCs and ultramobiles”. “.

SK Hynik, Micron Technology and Qualcomm made up the rest of the top five with market share of 6.2%, 4.9% and 4.6% respectively.

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