New Gartner_IT data reveals that worldwide semiconductor revenue grew 25.1% in 2021, exceeding $500 billion for the first time. Learn more here. CIO GartnerTGI
, research vice president at Gartner. “The resulting combination of strong demand as well as logistics and raw material price increases drove semiconductors’ average selling price higher , contributing to overall revenue growth in 2021.
“The 5G smartphone market also helped drive semiconductor revenue, with unit production more than doubling to reach $555 million in 2021, compared to $250 million in 2020. U.S. sanctions imposed on Huawei resulted in other Chinese smartphone OEMs gaining share and fueling growth for 5G chipset vendors such as Qualcomm, MediaTek and Skyworks. Meanwhile HiSilicon, Huawei’s chip subsidiary, saw revenue decline from $8.2 billion in 2020 to around $1 billion in 2021.
Samsung Electronics regained the top spot from Intel for the first time since 2018, with revenue increasing 31.6% in 2021 . Its memory revenue grew 34.2% in 2021, in line with the growth rate of the overall memory market. Intel dropped to the No. 2 position with 0.5% growth in 2021, delivering the lowest growth rate among the top 25 vendors.
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