Samsung semiconductor market revenue share worldwide 2008-2023

In 2023, Samsung's market share in the semiconductor industry worldwide was 7.5 percent. In recent years, Samsung has consistently ranked among the top two in the list of semiconductor companies by worldwide semiconductor sales revenue. Global semiconductor sales revenues for 2023 reached 533 billion U.S. dollars worldwide.

Samsung Electronics

Samsung Electronics is a global leader in electronics and one of the most valuable technology brands in the world. Samsung's market share of the global smartphone market has hovered at around 20 percent with Apple as its closest competitor in the market. In 2023, the South Korean company sold just under 230 million smartphones worldwide. Apart from having a strong presence in the smartphone market, Samsung is also successful in the tablet, display, TV, and semiconductor industries.

Semiconductors

Semiconductors are a crucial element in modern electronics, making up an important part of many commonly used electronic devices, such as mobile phones, tablets, PCs, radios, and more - essentially all modern devices that many of us have become so highly dependent on in everyday life. As one might expect due to their central importance, the semiconductor industry is an extensive and competitive industry. In addition to Samsung, some of the biggest names within the semiconductor industry include Intel, Qualcomm, Broadcom, and Nvidia.