Samsung dethrones Intel to become 2022's semiconductor industry king

Updated Jan 20, 2022: This piece has been updated to reflect a correction made by Gartner which wrongly listed 5G smartphone sales data in dollar amounts rather than unit of measurement sales.

Semiconductor growth increased 25.1% in 2022, according to preliminary results by Gartner. That rise saw the semiconductor industry attain a total of $583.5 billion, which is the first time almanac acquirement has crossed $500 billion within a year. The increase occured despite the ongoing global chip shortage.

Growth in the semiconductor market occurred across several segments, and particularly grew in the automotive industry, according to Andrew Norwood, research vice president at Gartner. "As the global economy bounced dorsum in 2022, shortages appeared throughout the semiconductor supply concatenation, particularly in the automotive industry," said Norwood. "The resulting combination of strong demand likewise equally logistics and raw textile cost increases drove semiconductors' average selling price higher (ASP), contributing to overall acquirement growth in 2022."

5G smartphone sales also drove semiconductor revenue in 2022. While unit production was 250 million in 2022, it spiked to 555 million in 2022.

The top-ten semiconductor vendors stayed largely the aforementioned beyond 2022 to 2022, though at that place were some notable changes within the summit of the rankings. For the first time since 2022, Samsung Electronics passed Intel and earned the meridian spot.

Retention was the highest-performing segment. Its acquirement increased $42.1 billion compared to 2022. The acquirement from memory accounted for 33.8% of all semiconductor revenue growth in 2022.

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