Semiconductor companies are expected to have a compound annual growth rate of at least 4 to 5% per year by 2027. That’s a predicted increase of almost 315 billion dollars compared to the total 2020 sales of these companies.
DETAILED LIST OF THE 10 LARGEST SEMICONDUCTOR COMPANIES
1.Intel (INTC)
2020 Revenue: $77.87 billion
Total Assets: $153.09 billion
Headquartered in California’s famed Silicon Valley, Intel is a massive semiconductor company with over 110,000 employees across 46 countries. The company was founded in 1968, and since then, has grown to become the largest revenue giant among the semiconductor companies.
When it comes to semiconductors, Intel is the developer of the x86 series of microprocessors, which are often found in laptops and other PCs. The company provides these microprocessors to major computer and technology companies, such as Lenovo, HP, and Dell.
2.Samsung Electronics
2020 Revenue: $52.2 billion
Total Assets: $304 billion
Founded in 1969, this South Korean electronics company is one of the largest producers of semiconductors in the world. Globally, the company employs almost 290,000 people and operates in 74 countries.
Samsung’s semiconductors are often used in smartphones and tablets, especially in the company’s line of Samsung Galaxy devices.
However, semiconductors aren’t the only product Samsung produces, as they also manufacture lithium-ion batteries, image sensors, and camera modules and displays, to name a few. For the most part, some of the company’s most prominent clients are Apple, Sony, HTC, and Nokia.
3.Taiwan Semiconductor Manufacturing Co. (TSMC)
2020 Revenue: $45.5 billion
Total Assets: $89.87 billion
As the world’s largest dedicated independent semiconductor factory, it’s no surprise that Taiwan Semiconductor Manufacturing Co. (TSMC) is one of the largest companies in Taiwan, and in the world.
This company has grown rapidly since 1994, with a compound annual growth rate (CAGR) of 17.4% in revenue. Today, TSMC employs over 50,000 people and produces over 10 million semiconductor wafers per year.
4.SK Hynix Inc
2020 Revenue: $25.27 billion
Total Assets: $56.08 billion
Specializing in the production of memory semiconductors SK Hynix Inc., formally known as Hyundai Electronics, is a South Korean company with locations in Korea, the United States, China, and Taiwan. In South Korea alone, the company employs over 22,000 people.
5.Broadcom Corporation
2020 Revenue: $23.89 billion
Total Assets: $75.93 billion
Established in 1991, Broadcom is a public American company headquartered in Irvine, California. The company’s expertise in producing semiconductors ranges from computers to smartphones, and they produce for dozens of major companies.
Common clients include Apple, Motorola, IBM, Dell, Asus, Lenovo, Logitech, Nokia, and even Nintendo.
Much of the interest in Broadcom’s products stems from their chip’s ability to speed up tasks that utilize encryption. For many companies, these chips aid in e-commerce and secure communications.
6.Qualcomm
2020 Revenue: $23.53 billion
Total Assets: $35.59 billion
Founded and Headquartered in Southern California, Qualcomm is a semiconductor company that also specializes in software and other wireless technologies.
Compared to other companies on this list, Qualcomm manufactures semiconductors for a very wide range of devices, from vehicles to watches, laptops to smartphones, and WiFi.
7.Micron Technology
2020 Revenue: $21.43 billion
Total Assets: $53.68 billion
Micron Technology is the only Idaho-based semiconductor company on this list and specializes in manufacturing memory and data storage for computers. Currently, the company employs roughly 40,000 people and maintains 18 worldwide locations.
8.Applied Materials
2020 Revenue: $17.2 billion
Total Assets: $22.35 billion
Applied Materials is a Silicon Valley giant specializing in the production of semiconductors for electronics, computer displays, smartphones, televisions, and solar products. This American company was founded in 1967, and today employs over 20,000 employees.
In all likelihood, this company would be higher on this list if it weren’t for a scrapped 2013 merger with Tokyo Electron, which was the largest manufacturer of semiconductor equipment at the time.
9.Nvidia Corporation
2020 Revenue: $14.78 billion
Total Assets: $26.88 billion
Also headquartered in California’s Silicon Valley, Nvidia is a unique semiconductor company specializing in graphics processing units (GPUs), that are especially useful for computer gaming.
The company’s GPU line, known as “GeForce” is the most popular graphics processor in the United States, and the Nvidia GeForce RTX 3060 Ti is currently the most powerful gaming GPU as well.
10.Texas Instruments Inc.
2020 Revenue: $14.46 billion
Total Assets: $19.35 billion
Texas Instruments (TI) is one of the oldest semiconductor companies on this list, being founded over 90 years ago in 1930. Today, the company has almost 30,000 employees, and mainly develops analog chips and embedded processors.
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