Global semiconductor industry revenue to grow only 1.1% in 2022 | Business

Worldwide chip sales are estimated to grow 1.1% to $601.7 billion in 2022. (Source: Archyde.com)

A report published on January 19 showed the revenue of semiconductor industry global growth in 2022 only increased by about 1% over the same period last year, in which the memory chip sector was the hardest hit.

According to technology research firm Gartner, worldwide chip sales are estimated to grow 1.1% to $601.7 billion in 2022, down significantly from 26.3% growth the previous year.

Although 2022 is off to a relatively good start due to lingering chip shortages, Gartner said in the second half of the year, the global economy started to slow due to high inflation, interest rates increase, escalating energy costs and complicated developments of the COVID-19 epidemic in China. These events have affected many supply chains globally.

Besides, consumers are also starting to reduce spending, with demand for personal computers (PCs) and smartphones (smartphones) decreasing. Then it was the turn of businesses to start reducing spending in anticipation of the possibility of a global recession.

All of the above factors affect the growth of the semiconductor industry as a whole.

[Các công ty Mỹ lên kế hoạch giảm sử dụng chip Trung Quốc]

The report said that the memory chip sector was hit the hardest in 2022. Global memory chip sales fell 10% compared to 2021, mainly as original equipment manufacturers (OEMs) began to run out of stock. memory chips they have stockpiled to meet increased demand.

Sales of the semiconductor sector, however, are non-memory chip) increased by 5.3%, with performance across different device types.

Garner says analog chips (capable of processing audio, light and temperature signals before converting them into digital signals) and discrete chips (a chip whose basic function cannot be broken down into smaller functions). others) recorded revenue increases of 19 and 15% respectively during the same period.

These chips are primarily driven by strong automotive and industrial demand, underpinned by growth trends in vehicle electrification, industrial automation and energy conversion. .

Samsung Electronics Co. topped the list of global chip makers by revenue and held a 10.9% market share. However, revenue from its chip business was down 10.4% compared to 2021, mainly due to falling sales.

Following Samsung is Intel Corp. With 9.7% market share, SK hynix Inc. with 6.0% market share and Qualcomm with 5.8% global market share.

TSMC, the world’s largest contract chipmaker, was not included in Garner’s study.

Thuy (VNA/Vietnam+)

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