Semiconductor Industry Outlook
The top 10 largest semiconductor companies in the world are contributing to immense growth and driving innovation for the semiconductor industry. What is the semiconductor industry? Semiconductors are electronic components that rely on the electronic properties of semiconductor materials to function, the materials typically include silicon, germanium, and gallium arsenide, as well as organic semiconductors. The semiconductor industry is the aggregate collection of companies and manufacturers that create and design semiconductors.
The semiconductor industry is growing at a stellar rate, with sales increasing by 13.7% as 1 trillion units—for a total of $468.8 billion in sales—were shipped to customers, according to the Semiconductor Industry Association (SIA). This was the industry’s highest-ever annual figure and driven by innovation from the top 10 semiconductor companies in the world.
This fact sheet is to breakdown the top semiconductor companies in the world by revenue as of 2020, but ultimately the goal is to assist business professionals, investors, and people in general that are interested in gaining insights into the global semiconductor industry including:
- Discover who are the top 10 largest semiconductor companies by revenue?
- A list of innovating companies that make semiconductors.
- What are the top 40 semiconductor companies on the rise?
- What is the semiconductor industry’s growth rate?
- Semiconductor industry trends and stats you should know.
- Import and export stats for the global semiconductor industry.
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Semiconductor Industry Statistics – Import and Exports
- Global sales reached $468.8 billion in sales.
- The global semiconductor market is expected to post a CAGR of close to 9% by 2023.
- The United States imports approximately $53.7 billion worth of semiconductors.
- The semiconductor industry in North and South America totals about $106 billion each year.
- Samsung generates over 30% of global DRAM sales.
- Intel holds a 13.8% share of global semiconductor revenues.
- The semiconductor industry in the USA invests approximately 20% of its revenues into R&D.
- South Korea accounts for 17% of the world’s semiconductor production.
- China, USA, Taiwan, Japan, and South Korea account for 84% of semiconductor manufacturing equipment sales.
Top 10 Largest Semiconductor Companies in the World by Revenue 2020
Who are the top semiconductor companies in the world by revenue as of 2020? The following is a list of largest semiconductor companies ranked by their revenue figures in USD billion.
Sales (USD billions)
|1||Samsung||208.5 billion||Seoul, South Korea|
|2||Intel||71.9 billion||Santa Clara, California, USA|
|3||SK Hynix||35.27 billion||Icheon, South Korea|
|4||TSMC||35 billion||Hsinchu Science Park, Taiwan|
|5||Micron Technology||30.9 billion||Boise, Idaho, USA|
|6||Qualcomm||24.3 billion||San Diego, California, USA|
|7||Broadcomm||20.85 billion||San Jose, California, USA|
|8||Texas Instruments||14.38 billion||Dallas, Texas, USA|
|9||Toshiba||12.3 billion||Minato, Tokyo, Japan|
|10||Nvidia||11.72 billion||Santa Clara, California, USA|
Samsung is the world’s largest semiconductor company and is known for its innovation in the semiconductor industry as it made the world’s first 40-nanometer dynamic random-access memory. Samsung is a South Korean multinational conglomerate headquartered in Seoul, South Korea with the highest annual revenue figures on this list — with last year’s revenue surpassing USD 208.5 billion.
Although known for its popular consumer Samsung Galaxy and Note smartphones, in the B2B world, the company is also known as one of the top chip making companies. Aside from its mobile division, Samsung’s semiconductor division has become one of its most important sources of revenue and sales. Samsung is expected to continue being the defining leader among the top 10 largest semiconductor companies in the world in the future.
- Founded: 1938
- Samsung Headquarters: Seoul, South Korea
- Samsung Revenue: USD 208.5 billion
- Samsung Number of Employees: 320,671
Samsung Products and Services
- Automotive semiconductors
- Consumer electronics
- Electronic components
- Medical equipment
- Solid state drives
- Telecommunications equipment
- Home appliances
Number 2 on this list of the top 10 semiconductor companies in the world is Intel, an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. Based on just its semiconductor division, Intel used to be the world’s largest semiconductor company in the world and was also the highest valued chip making company in the world. Intel manufactures motherboard chipsets, network interface controllers, and integrated circuits. Some of its most popular products include high-end Intel CPUs such as the i7 line of CPUs like the intel 9900-K CPU.
Intel is a global computer chip supplier to leading technology companies such as Apple, Lenovo, HP, and Dell. Intel’s revenue surpassed USD 71.9 billion last year — making it one of the top semiconductor companies in the world by revenue in 2020.
- Founded: 1968
- Intel Headquarters: Santa Clara, California, USA
- Intel Revenue: USD 71.9 billion
- Intel Number of Employees: 110,200
Intel’s Products and Services
- Central processing units (CPU)
- Integrated graphics processing units (iGPU)
- Systems-on-chip (SoCs)
- Motherboard chipsets
- Network interface controllers
- Mobile phones
- Solid state drives
- Wi-Fi and Bluetooth Chipsets
- Flash memory
- Vehicle automation sensor
3. SK Hynix
SK Hynix is the 2nd largest South Korean semiconductor manufacturer in the world and 3rd overall on the list of the top 10 largest semiconductor companies in the world. The company is known mainly as a semiconductor supplier of dynamic random-access memory (DRAM) chips and flash memory chips. SK Hynix chips are mainly used by Apple, including the iPhone’s popular A9 chipset that uses SK Hynix’s DRAM.
SK brought in annual revenues of USD 35.27 billion last year — making it one of the most successful companies that make semiconductors.
- Founded: 1983
- SK Hynix Headquarters: Icheon, South Korea
- SK Hynix Revenue: USD 35.27 billion
- SK Hynix Number of Employees: 22,254 (South Korea)
SK Hynix Products
- NAND flash
TSMC is 4th on BizVibe’s list of the top 10 largest semiconductor companies by revenue in 2020. TSMC claims the be the world’s largest dedicated independent (pure-play) semiconductor foundry. TSMC is the world’s leading wafer manufacturer and offers the broadest range of microns of all manufacturers.
TSMC is very important as a B2B supplier to many leading semiconductor companies due to its low labor costs.
- Founded: 1987
- TSMC Headquarters: Hsinchu Science Park, Taiwan
- TSMC Revenue: USD 35 billion
- TSMC Number of Employees: 48,752
Micron Technology is an American producer of computer memory and computer data storage, known as a manufacturer and supplier of DRAM components, modules, and NAND flash memory. 4th on the list of the top semiconductor companies, Micron Technology’s headquarters are in Boise, Idaho and is known under the Crucial and Ballistix consumer brands. Together with Intel, Micron Technology created IM Flash Technologies — a leading producer of NAND flash memory. Last year, Micron Technology brought in annual revenues of USD 30.9 billion —making the company one of the largest semiconductor companies in the world by revenue.
- Founded: 1978
- Micron Technology Headquarters: Boise, Idaho, USA
- Micron Technology Revenue: USD 30.9 billion
- Micron Technology Number of Employees: 34,100
Micron Technology Products and Services
- NAND Flash memory
- SSD Drives
Qualcomm ranks 6th on BizVibe’s list of the top 10 largest semiconductor companies in the world in 2020. Qualcomm is a leading semiconductor company headquartered in San Diego, California and known for designing and manufacturing wireless telecommunications products and services. Qualcomm sells its semiconductor products in a predominantly fabless manufacturing model and also develops semiconductor products for vehicles, watches, laptops, wi-fi, smartphones, and other devices.
Qualcomm brought in annual revenues of USD 24.3 billion last year and is known for pushing the envelope in the industry through 3G, 4G, and now 5G. Qualcomm is developing technologies for future 5G standards in three areas: radios that would use bandwidth from any network it has access to, creating larger ranges of the spectrum by combining smaller pieces, and a set of services for the internet of things applications.
- Founded: 1984
- Qualcomm Headquarters: San Diego, California, USA
- Qualcomm Revenue: USD 24.3 billion
- Qualcomm Number of Employees: 37,000
- Intellectual property
- Semiconductors and components
- Snapdragon system-on-chips
Ranking 7th on BizVibe’s list of the largest semiconductor companies in the world is Broadcomm, an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcomm was founded 59 years ago and has its current headquarters in San Jose, California, U.S. Broadcomm manufactures semiconductor devices and analog devices and provides multiple core technologies such as Bluetooth connectivity. Last year, Broadcomm achieved annual revenues of USD 20.85 billion — making it one of the biggest semiconductor companies in the world by revenue.
- Founded: 1961
- Broadcomm Headquarters: San Jose, California, USA
- Broadcomm Revenue: USD 20.85 billion
- Broadcomm Number of Employees: 15,000
- Broadband Modems
- Wideband ADC/DACs
- Custom DSP & ARM CPUs
- Copper/Optical PHYs
- Switching Fabrics
- Analog & DSP SerDes
- FBAR & RF Front-Ends
- VCSEL/DFB Optics
- Optical Sensing
- Enterprise Infrastructure Software
- Cable/Sat/IP Set-Top Box SoCs
- Cable Modem/CMTS SoCs
- PON/DSL CPE/CO SoCs
- Wireless Connectivity Combos
- Ethernet NICs/Controllers/PHYs
- Ethernet Switching/Routing SoCs
- Network Processor SoCs
- RF Filter and Front-End Modules
- ASICs (Networking and Compute)
- HDD/SSD Controllers & HDD PreAmps
- Enterprise SAS/SATA/FC/PCIe
- Optical Isolation/Motion Encoders/LED
- Fiber Optic Products
- Mainframe Management & Analytics Software
- Enterprise Software Application
8th on BizVibe’s list of the top semiconductor companies in the world by revenue is Texas Instruments, the American technology company that designs and manufactures semiconductors and various integrated circuits. Texas Instruments is one of the top 10 semiconductor companies in the world and brought in annual revenues of USD 14.38 billion last year. Texas Instrument’s main focus is on developing and manufacturing analog chips and embedded processors, which account for more than 80% of its revenue.
- Founded: 1930
- Texas Instruments Headquarters: Dallas, Texas, USA
- Texas Instruments Revenue: USD 14.38 billion Dallas, Texas, USA
- Texas Instruments Number of Employees: 29,888
Toshiba is a Japanese multinational conglomerate headquartered in Tokyo, Japan. Toshiba’s semiconductor segment is known for manufacturing and supplying semiconductor products, memory storage, and social infrastructure. Toshiba last year brought in annual revenues of USD 12.3 billion — making it one of the largest semiconductor companies in the world by revenue.
- Founded: 1939
- Toshiba Headquarters: Minato, Tokyo, Japan
- Toshiba Revenue: USD 12.3 billion
- Toshiba Number of Employees: 141,256
Toshiba Products and Services
- 3D flash
- Consumer electronics
- Semiconductors memory
Rounding out BizVibe’s list of the top 10 largest semiconductor companies in the world in 2020 is an American technology company and leading chipmaker Nvidia. Nvidia is known as a pioneer of GPUs (graphics processing units) for both the gaming and professional market. Nvidia’s flagship product line is called GeForce with its newest products including the RTX line of graphics cards. In terms of revenue, Nvidia brought in USD 11.72 billion last year and continues stellar annual revenues.
- Founded: 1993
- Nvidia Headquarters: Santa Clara, California, USA
- Nvidia Revenue: USD 11.72 billion
- Nvidia Number of Employees: 13,227
Nvidia Products and Services
- Nvidia GeForce: Consumer-oriented graphics processing products
- Nvidia Quadro: Workstation graphics processing products
- NVS: Multi-display business graphics solution
- Nvidia Tegra: SoC for mobile devices
- Nvidia Shield
- Nvidia Drive automotive solutions
This is BizVibe’s list of the top 10 largest semiconductor companies in the world in 2020 by revenue. These companies are changing the way businesses are pushing the boundaries in technology and pushing the semiconductor industry forward.
Top Semiconductor Companies
The following is BizVibe’s ranking of 40 more of the biggest semiconductor companies making news in the industry. Track and gain insights from these companies on BizVibe.
|2||Advanced Semiconductor Engineering|
|19||IM Flash Technologies|
|23||Materials Research Corporation (Praxair)|
|34||Oramir (now Applied Materials)|
The Future of the Semiconductor Industry
What’s the future of the semiconductor industry? The industry is going through a large and phase of rapid consolidation where large firms are buying up the small firms, big firms are merging. However, growth in the industry is moving along at a stellar rate. Don’t expect these trends to slow down as semiconductors are vital to the digital industry we’re live in and more than 1 trillion semiconductor products are being moved annually. This is a perfect time to expand to a new market in the semiconductor industry as the top 10 largest semiconductor companies in the world continue to drive exceptional sales numbers and innovation in their products.