About This Statistic
This graphic shows global semiconductor industry sales each year from 1987 to 2019. In 2017, sales are expected to reach 378 billion U.S. dollars worldwide. Semiconductors are crucial components of electronics devices and the industry is highly competitive. The year-on-year growth rate currently sits at around one percent, although 2017 is expected to see growth rates of around 12 percent. The largest semiconductor chip maker is Intel, which generated 54 billion U.S. dollars in revenue in 2016, placing it among the largest companies in terms of semiconductor industry revenues. A semiconductor is a substance that conducts electricity under some but not all circumstances. Manufacturers are able to customize the conductivity of a semiconductor, such as introducing a sensitivity to heat or light, or altering conductivity based on the direction of the current.