City
Epaper

Q3 global semiconductor market reaches USD 150 billion, Samsung ranks 1st

By ANI | Updated: December 13, 2021 03:20 IST

The global semiconductor market surpassed USD 150 billion in the third quarter of this year. Samsung Electronics topped the market, beating the US Intel.

Open in App

The global semiconductor market surpassed USD 150 billion in the third quarter of this year. Samsung Electronics topped the market, beating the US Intel.

According to related industries on the 10th, market research firm Omdia said in its recent report that global semiconductor market sales in the third quarter of 2021 reached USD 153.2 billion (about 180.406 trillion won). This is an increase of 7.6 per cent from the previous quarter.

Omdia explained that third-quarter sales were led by seasonal demand, strong memory sales, and chip shortages. However, the growth rate was slightly less than the annual average of 7.9 per cent from 2002 to last year.

In the third quarter, the global semiconductor market was led by strong sales of memory products such as DRAM and NAND flash. The memory market grew 12 per cent from the previous quarter.

In particular, the NAND flash market significantly expanded. NAND sales in the third quarter amounted to USD 18.7 billion, up 13.8 per cent from USD 16.4 billion in the second quarter.

Omdia said, "The sales of display driver (DDI, 13 per cent |) and image sensor (17 per cent |) products also significantly increased, but memory market is about five times larger in terms of size."

For the market share of the top 10 companies in the global semiconductor market, Samsung Electronics overtook Intel and topped with USD 20.958 billion (about 24.6361 trillion won) in sales, up 13.0 per cent from the previous quarter.

SK Hynix, the major Korean chip manufacture along with Samsung Electronics, also ranked third with sales of USD 9.976 billion (about 11.7267 trillion won), up 10.8 per cent from the previous quarter.

On the other hand, sales of Intel's flagship microprocessor unit (MPU) remained almost unchanged, down 1.8 per cent from the previous quarter to USD 18.786 billion.

According to TrendForce, a Taiwanese market research firm, Samsung Electronics topped the DRAM and NAND markets in the third quarter with 44.0 per cent and 34.5 per cent market shares, respectively.

However, Samsung Electronics' semiconductor foundry market share remained at 17.1 per cent, ranking second after Taiwan's TSMC (53.1 per cent). (ANI/Global Economic)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: IntelSamsung ElectronicsSamsung electronics co.Samsung electronics co ltdWorldwide mobile device trackersConsumer electronics enterprise businessXiaomi groupSamsung displaysThe tata groupSamsung electronics of south korea
Open in App

Related Stories

TechnologySamsung Layoffs: Electronic Giant to Cut Thousands of Jobs Worldwide Amid Struggles in AI Market

TechnologyTech Layoffs in July 2024: Microsoft, Intel, Dyson Among Others Sack Over 1 Lakh Employees

TechnologyIntel Layoffs: US Leading Chipmaker to Cut 18,000 Jobs to Reduce $20 Billion in Costs

Navi MumbaiFormer Intel's Director Avtar Saini Killed in Tragic Accident in Navi Mumbai

TechnologyIntel announces over 100 job cuts in the US to reduce costs

International Realted Stories

International22 killed in deadly restaurant fire in China's Liaoning

InternationalPM Modi congratulates Persad-Bissesar on election win, cites historic ties with Trinidad and Tobago

InternationalIndia, US hold talks on multi-sector Bilateral Trade Agreement

InternationalPM Modi congratulates Kamla Persad-Bissessar on Trinidad and Tobago election victory

InternationalFirst batch of Indian Haj pilgrims arrives in Saudi Arabia