As per the recent stats, the semiconductor companies will have a compound annual growth rate of at least 4-5% by the year 2027. In other words, it’s an increase of over 315 US dollars compared to 2019’s sales of these same companies.
The market has gotten incredibly well for semiconductors. So, these days, there are a lot of companies out there who are making these things. Now, the question is, what are the major companies that are producing these semiconductors in the first place? Well, don’t worry because we shall answer that question in this article.
Here, we will talk about the best semiconductor companies in the world based on their revenue. So, now’s the time to go through this article and find out everything that you need to know about it.
Here Are The Best Semiconductor Companies In The World
So, as we said earlier, semiconductors are one of the most crucial devices existing. A lot of machines do need them to work. So, that’s the reason why there are top companies out there producing semiconductors.
Now, the question is, what are the best companies among them all? Well, if you are curious, then all you have to do is to go through this article and take a look at the list of the best semiconductor companies in the world.
Intel
For the first company on our list, we should tell you about Intel INTC. In 2020, the company’s revenue was around 77 billion USD. It has increased a lot in 2022 as well. As per the sources, the company has 150 billion USD worth of total assets. Intel has its HQ in California’s silicon valley.
It’s a huge semiconductor company with more than 115k employees across 45-46 countries in the world. The company was founded back in 1968. Since then, the company has grown to become one of the best in the business.
When it comes to semiconductors, Intel has developed the x86 series of microprocessors, that we usually find in PCs and Laptops. More than just semiconductors, Intel also produces a lot of other products, such as chipsets of the motherboard, NIC, integrated circuits, graphic chips, and more.
Samsung
Next, we have the South Korean electronics giant Samsung, one of the best semiconductor companies out there. Since 1969, this Company has grown a lot due to its success. Moreover, it’s also worth noting that this company is one of the largest semiconductor producers around the globe. As of now, the company has around 300k people working for them and it operates in more than 74 countries.
The semiconductors that Samsung produces are often used in tablets, and smartphones, especially in the company’s Galaxy devices. However, we should note that they don’t only produce semiconductors. On the other hand, they also create lithium-ion batteries, camera modules, displays, image sensors, and more. So, overall, Samsung is a huge name in this list.
Sk Hynix Inc
In the year 2020, Sk Hynix Inc boasted revenue of 25 billion USD. The company also has more than 56 billion USD worth of total assets. As per the sources, Sk Hynix is a firm that specializes in the production of memory semiconductors. They are one of the best semiconductor companies out there.
It’s a South Korean company with locations in the US, China, and Taiwan. In SK alone, the company employs more than 22k people. The products that this company produces are used by other companies like Apple, Asus, Dell, HP, and more.
Broadcom Corp.
Next, we have another firm that specializes in Semiconductor production. Since 1991, this firm has shown its expertise in this field. Moreover, we should also mention that Broadcom Corp has their HQ in Irvine, California.
Their semiconductors range from PCs to Smartphones. In fact, it’s also true that they produce the goods for more than dozens of major companies. Some of their common clients are Lenovo, Motorola, IBM, Dell, Nintendo, Nokia, etc.
As per the sources, Broadcom’s chips have the ability to speed up tasks that utilize Encryption. In a lot of firms, these chips help in e-commerce. Moreover, we should also note that this company produces BCM43, a series of chips that specializes in giving Wifi support to a lot of smartphones. Unlike other companies, both Android and Apple use these chips.
Qualcomm
This is a very common name to a lot of users out there. So, as we know, Qualcomm is a company that produces processors, Semiconductors, and other software and wireless techs. So, the company has its HQ in Southern California.
Compared to other companies in the market, this one provides semiconductors for a wide range of devices, from cars to watches, laptops to mobile phones. People know this company as one of the most innovative companies in the market.
In the year 2017, Qualcomm stepped out of its comfort zone to make its first PC server chip Centriq 2400, which was a success. Thereafter, they expanded their manufacturing process, and currently, they have become one of the largest semiconductor companies to exist. Moreover, we should also note that this company was the first to make 5G technology.
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