Samsung Overtook Intel as Top Chip Seller in 2021 Thanks to Automotive, Smartphones

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The global semiconductor revenue reached $595 billion in 2021, up 26.3 percent year-on-year, Gartner reports.

Samsung Electronics Co. Ltd.’s chip business grew 28 percent Y/Y, while Intel Corp. lost 0.3 percent Y/Y.

Now, Samsung tops the list with $73.2 billion in revenue and a 12.3 percent market share, while Intel with $72.5 billion in revenue and a 12.2 percent share.

Within the top 10, Advanced Micro Devices Inc. and MediaTek Inc. posted the most robust growth in 2021. AMD grew 68.6 percent Y/Y, and Mediatek rose 60.2 percent Y/Y.

The semiconductor chip crisis continues to bite original equipment manufacturers (OEMs), offset by the 5G smartphone ramp up, strong demand, and logistics/raw material price increases that drove semiconductor average selling prices (ASPs) higher.

The year 2021 saw strong demand return to the automotive and industrial markets compared to the weak, COVID-disrupted market in 2020.

The automotive market outperformed all other end markets, growing 34.9 percent Y/Y in 2021.
Wireless communications, dominated by smartphones, grew 24.6 percent Y/Y.

Driven by DRAM, memory accounted for 27.9 percent of semiconductor sales in 2021 and posted 33.2 percent revenue growth Y/Y.

By Anusuya Lahiri

© 2022 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.

Benzinga

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