Leading semiconductor vendors – additional information
The global semiconductor industry has grown relatively steadily for several years, with an unprecedented spike in 2010 when the year-on-year revenue growth rate reached 32 percent. Post-2010 growth has been less impressive, but has generally hovered between 0 and 10 percent. 2017 witnessed a booming semiconductor revenue, with the year-on-year growth reaching 22.2 percent, due to higher prices as a result of supply shortage.
In 2017, Samsung overtook Intel to become the world’s largest semiconductor chip maker and was responsible for earning 61.2 billion U.S. dollars of the industry’s total revenue. That year, the South Korea-based company held a 14.6 percent share of the total market. Intel, the now second biggest player in the market, had an earning of 57.7 billion U.S. dollars in the semiconductor industry in 2017. The company's main business lies in the manufacturing of semiconductor chips, where it accounts for a significant portion of Intel's net revenue.
On the purchasing side, 2016 saw Samsung and Apple spend approximately 62 billion U.S. dollars between them on semiconductors. Apple's semiconductor expenditure had increased from 18 billion U.S. dollars in 2011 to 30 billion U.S. dollars in 2016, while Samsung's semiconductor spending increased from 19 billion to 31.7 billion in the same timeframe. Other technology company purchasers of semiconductors include Toshiba, Sony, Hewlett Packard (both Enterprise and Inc.), and Huawei, all of whom spend between 5 and 10 billion U.S. dollars a year on semiconductors.