On April 16th, according to reports, The McClean Report, an authoritative institution in the global semiconductor industry, released the final ranking of the top 25 semiconductor suppliers for 2023. This ranking comprehensively considers the semiconductor sales of each company, including integrated circuits (ICs), optoelectronics, sensors, and discrete devices (O-S-D).
To make it onto this global elite list, semiconductor suppliers must achieve a revenue threshold of $5.9 billion, with wafer foundries being no exception. In terms of geographical distribution, US companies occupy a significant position on the list, with 13 semiconductor enterprises headquartered in the US, accounting for more than half of the total. Taiwan, China, Europe, and Japan each have 3 companies on the list, demonstrating the strong presence of these regions in the semiconductor field. South Korea has 2 companies on the list, while mainland China has 1 company among the Global Top 25.
As for TSMC, the world's largest wafer foundry, despite facing a 9% decline in revenue to $69.3 billion in 2023, the company still maintains its top position on the list, demonstrating its leading position in the global semiconductor market.
Following closely behind is Intel, the once dominant semiconductor giant, which saw a 14% decline in revenue in 2023, amounting to $51.5 billion, landing it in second place. Intel's performance slump may be attributed to competitive pressures across multiple market segments and challenges in product innovation.
Samsung, which briefly claimed the top spot in 2022, faced significant revenue downturns in 2023. Hindered by a sluggish memory market, Samsung experienced a 34% decrease in revenue, totaling $50.9 billion, sliding down to third place. This outcome underscores the profound impact of memory market volatility on semiconductor suppliers' performance.
Rounding out the rankings from fourth to tenth place are NVIDIA, Qualcomm, Broadcom, SK hynix, AMD, Infineon, and STMicroelectronics, each showcasing noteworthy performances in their respective market domains.
It's noteworthy that Micron, like Samsung and SK hynix, suffered from the unfavorable effects of the sluggish memory market. In 2023, Micron's revenue declined by 35%, reaching $16.7 billion, causing it to fall from seventh place last year to eleventh place. This shift once again confirms the significant impact of memory market fluctuations on semiconductor suppliers' performance.
In mainland China, the only semiconductor company to enter the Top 25 is SMIC (Semiconductor Manufacturing International Corporation). Despite facing a 13% decrease in revenue to $6.3 billion in 2023, SMIC's persistence and efforts in the semiconductor field propelled it to the twenty-fourth spot on the global elite list. This achievement not only reflects SMIC's competitiveness in the global semiconductor market but also injects confidence into the development of China's semiconductor industry.
