Intel Expected to Reign as Semiconductor King This Year, Samsung Forecasted to Rank 2nd

Source: IC Insights

[Asia Economy Reporter Changhwan Lee] It is forecasted that the world's number one semiconductor company this year, as well as last year, will be the American company Intel. Samsung Electronics is expected to rank second, and Taiwan's TSMC third.

On the 25th, market information firm IC Insights projected Samsung Electronics' semiconductor sales this year to reach $60.4 billion, a 9% increase compared to the previous year. This places Samsung second among global semiconductor companies in terms of sales.

The first place is expected to be the U.S. company Intel, with projected sales of $73.8 billion this year, a 4% increase from the previous year. Intel is anticipated to maintain its top position this year following last year.

Samsung Electronics achieved the number one position in the global semiconductor market in 2017 and 2018, thanks to the memory semiconductor boom, but as the memory semiconductor market declined, it ceded the throne to Intel last year and is expected to do so again this year.

The third place is Taiwan's foundry (semiconductor contract manufacturing) company TSMC, with projected sales of $45.4 billion. This represents a 31% surge compared to last year. It is analyzed that the semiconductor foundry business has recently been performing well, significantly increasing related sales.

The fourth place is SK Hynix, with projected sales of $26.4 billion, a 14% increase from the previous year. Fifth place is the American company Micron, with projected sales of $21.6 billion.

Additionally, Qualcomm ranked sixth, Broadcom seventh, Nvidia eighth, Texas Instruments ninth, and Infineon tenth. In Nvidia's case, the projected sales for this year are $15.8 billion, marking a 50% increase from last year's $10.6 billion. This is attributed to the boom in graphics cards.

IC Insights expects the combined sales of the top 15 semiconductor companies worldwide to increase by 13% compared to the previous year. Despite the spread of the novel coronavirus (COVID-19), the increase in semiconductor companies' sales this year is analyzed to be due to the virus accelerating digitalization.

This content was produced with the assistance of AI translation services.