Ranking of the world’s top ten semiconductor suppliers in 2020: savage growth in a year without cores

The latest report released by market research firm Gartner shows that the total global semiconductor market revenue in 2020 will be 466.2 billion US dollars, an increase of 10.4% over 2019.

“Memory, GPU and 5G chipsets led semiconductor growth driven by hyperscale, PC, mobile and 5G handset market demand, while automotive and industrial electronics suffered from reduced or suspended spending due to COVID-19 ,” said Andrew Norwood, research vice president at Gartner.

Intel will remain the world’s largest semiconductor supplier in 2020, followed by Samsung Electronics, SK Hynix and Micron. Among them, Intel’s semiconductor business revenue increased by 7.4% compared with 2019, mainly due to the growth of its core client and server CPU business.

Overall, Nvidia and MediaTek saw the highest percentage of revenue growth at 45.2% and 38.1%, respectively. Nvidia’s growth was mainly driven by its gaming-related business and data center business. MediaTek has achieved substantial revenue growth despite losing Huawei’s business.


Memory accounts for a third of revenue growth

In addition, memory accounted for 26.7% of total semiconductor sales in 2020 and was the second-best performing product category, with revenue growth of 13.5%.

“Memory benefits from a key 2020 trend – work and study from home, a shift that drives vendors to ramp up server builds to meet online work and play demands and the surge in demand from PCs and mobile devices,” Norwood said.

In the first half of 2020, NAND flash performed best due to shortages, with sales up 25.2%. Norwood said, “There will be shortages of both NAND flash and DRAM by 2021, which will push up prices this year, but sales revenue will still soar by about 25%. Therefore, Samsung, which focuses on storage semiconductors, is likely to grow from Intel has regained the top spot in the semiconductor market.”

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