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Gartner: Total global semiconductor revenue of $601.7 billion in 2022

According to preliminary results from Gartner, total global semiconductor revenue in 2022 will be $601.7 billion (currently about RMB 4.07 trillion), up 1.1 percent from $595 billion (currently about RMB 4.03 trillion) in 2021. The total revenue of the top 25 semiconductor manufacturers increased by 2.8% in 2022, accounting for 77.5% of the market share.

Data show that the semiconductor market revenue in 2022 mainly because of memory and NAND flash sales decreased by 10.4%, but Samsung Electronics still maintain the first shipments. Intel held on to second place with a 9.7 percent market share. Intel’s revenue declined 19.5% due to a significant decline in the consumer PC market and intense competition in its core business of x86 processors.

Memory, which will account for about 25 percent of semiconductor sales in 2022, was the worst-performing device category, with a 10 percent decline in revenue. By mid-2022, the memory market was showing signs of a significant dive in demand as electronics device originators have begun to reduce memory inventories that were built up in anticipation of stronger demand. The situation has now deteriorated to the point where most memory companies have announced capital expenditure (capex) cuts for 2023, and some have cut wafer production in order to reduce inventory levels and try to rebalance the market.

Overall non-memory revenue grew 5.3% in 2022, but performance varied widely by device category. Analog devices led the way with a 19% increase, followed by discrete devices with a 15% increase. Strong demand from automotive and industrial end markets, underpinned by long-term growth trends in automotive electrification, industrial automation and energy transition, is in turn driving growth in analog and discrete devices.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.
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