15 Biggest Semiconductor Companies in the World

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In this article, we are going to list the 15 biggest semiconductor companies in the world. Click to skip ahead and jump to the 5 biggest semiconductor companies in the world. Can you imagine life without your phone? Just picture life without electronic devices: no laptop, no iPad, no video games, no appliances, and hospitals will be left with poor medical devices. Semiconductors have become an important part of our lives. And with the rise of artificial intelligence, 5G, and IoT, semiconductors have become the foundation of these technologies and contribute to all areas of the world's economy.

The semiconductor is located between the conductor and the insulator and is commonly used for the production of electronic chips, computing components, and devices. Semiconductors may be pure elements, such as silicon or germanium, or compounds such as gallium arsenide or cadmium selenide. Semiconductors are key technology enablers that power many of the innovative digital devices we use today. Semiconductors are an important element of electronic devices, enabling advances in communications, computing, healthcare, military systems, transport, and clean energy. You can read more about the 15 largest electronic companies for the application of semiconductors.

The Semiconductor Industry Association (SIA) recently announced that total sales of the global semiconductor industry were $412.1 billion in 2019, a decrease of 12.1% compared to 2018. The semiconductor industry has already suffered significant losses due to COVID-19. However, the industry is determined to rebound strongly. The global semiconductor market size is expected to reach $726.73 billion by 2027, with a compound annual growth rate (CAGR) of 4.7%.

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The rising usage of high-end technology devices, coupled with minimum electronic prices, is leading to a surge in consumer electronics consumption. The global semiconductor industry is set to return stronger in the next decade due to emerging innovations such as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things.

In 2019, the US accounted for 47% of the global semiconductor market followed by Korea (19%) and Japan (10%). U.S. exports of semiconductors amounted to $46 billion in 2019, the fifth-highest among U.S. exports of aircraft, refined oil, crude oil, and automobiles. China is the largest importer of semiconductors in the world. The US has repeatedly used semiconductors as a lever against China. Indeed, the US export regime imposed by the Trump administration has prohibited TMSC, which relies heavily on US technology to develop its chip, from working closely with China and Huawei. And while The Wall Street Journal reports that these efforts have put a major strain on both Huawei and SMIC's ability to source chips, the study indicates that these efforts could backfire on U.S. technology interests. Some US companies will lose points of global share and revenue if the US administration keeps the restriction imposed by Trump.

To give you the most accurate ranking of the biggest semiconductors in the world, we looked up the most recent annual financial statement of the top 15 global semiconductor companies. We ranked these companies by their revenue, market cap, assets, and number of employees as these values help us determine how big a corporation is. Many of the semiconductor companies in our list are also included in the 12 best autonomous vehicle stocks to buy in 2021. Get to know the next semiconductor hot picks to include in your portfolio starting at number 15:

15. NXP Semiconductors (NASDAQ: NXPI)

Revenue: $8.8 billion

Market Cap: $45.33 billion

Assets: $19.5 billion

Number of Employees: 29,400

Headquarters: Eindhoven, Netherlands

NXP Semiconductors provides semiconductors and similar technologies to companies in in-car entertainment, mobile devices, surveillance systems, and more. NXP products are also used in applications for lighting, wireless infrastructure, computing, and identification.

14. Infineon Technologies

Revenue: $8.9 billion

Market Cap: $23.1 billion

Assets: $16.4 billion

Number of Employees: 41,418

Headquarters: Munich, Germany

Infineon Technologies AG designs and produces a range of semiconductors and operates in a variety of segments, including automotive, industrial power control, power and sensor systems, and digital security solutions. Its products are often used in areas such as speech recognition, gesture control, active safety systems, and renewable energy sources.

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13. Advanced Micro Devices (NASDAQ: AMD)

Revenue: $9.5 billion

Market Cap: $111.14 billion

Assets: $5.9 billion

Number of Employees: 11,400

Headquarters: Santa Clara, California

AMD is a global company specializing in the production of semiconductor devices used in computer processing. The company also manufactures flash memory, graphics processors, motherboard chipsets, and a variety of components used in consumer electronic goods.

Advanced Micro Devices, Inc. (NYSE:AMD)

12. Lam Research (NASDAQ: LRCX)

Revenue: $9.6 billion

Market Cap: $68.84 billion

Assets: $12.9 billion

Number of Employees: 10,700

Headquarters: Fremont, California, US

Lam Research is a leading producer of semiconductor equipment to the global semiconductor industry. Some of the company's products include thin film deposition, plasma etch, photoresist strip, and wafer cleaning. The company has established operations outside the US including China, Japan, Taiwan, Europe, and Korea.

Lam Research Corporation (NASDAQ:LRCX)

11. STMicroelectronics NV (NYSE: STM)

Revenue: $9.7 billion

Market Cap: $23.1 billion

Assets: $11.9 billion

Number of Employees: 45,554

Headquarters: Switzerland

STMicroelectronics NV manufactures, develops, and distributes products that offer standard commodity parts, application-specific integrated circuits, full and semi-customized devices for analog, digital, and mixed-signal applications. The company also produces multimedia products, power applications, and sensors.

10. NVIDIA (NASDAQ: NVDA)

Revenue: $10.9 billion

Market Cap: $324 billion

Assets: $17.3 billion

Number of Employees: 13,775

Headquarters: Santa Clara, California

Nvidia is known best for its line of consumer and high-end video graphics cards found on computers of all shapes and sizes. Its GPUs power advanced microprocessors and the company has formed a scalable AI car platform for autonomous driving that has been adopted by more than 200 companies around the world. NVIDIA is one of the best autonomous vehicle stocks to buy this year!

NVIDIA, is NVDA a good stock to buy,

9. Texas Instruments (NASDAQ: TXN)

Revenue: $14.1 billion

Market Cap: $148.91 billion

Assets: $17.3 billion

Number of Employees: 29,768

Headquarters: Dallas, Texas, US

Texas Instruments Inc. designs, manufactures, tests and sells analog and embedded semiconductors on various markets that include industrial, automotive, personal electronics, communications equipment, and enterprise systems. The company has 14 production sites worldwide and manufactures tens of billions of chips produced each year.

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8. Applied Materials (NASDAQ: AMAT)

Revenue: $15 billion

Market Cap: $79.43

Assets: $19.8 billion

Number of Employees: 22,000

Headquarters: Santa Clara, California, US

Applied Materials is the leading manufacturer of semiconductor materials and engineering solutions used computer chips, flat-screen TVs, and solar energy devices. The company's technology handles the complex process of making chips, from laying down silicon patterns at the beginning to packing them for shipment. Applied Materials have 19 established sites in 110 countries across the globe.

Applied Materials, Inc. (NASDAQ:AMAT)

7. Broadcom (NASDAQ: AVGO)

Revenue: $17.1 billion

Market Cap: $172.9 billion

Assets: $81 billion

Number of Employees: 19,000

Headquarters: San Jose, California, US

Broadcom, Inc. is a diversified global tech company that offers a broad range of semiconductor and infrastructure software products. Broadcom's product lines serve the data center, networking, software, broadband, wireless, storage, and industrial markets. The infrastructure software segment of Broadcom offers a full range of mainframe, enterprise, and storage area networking solutions.

Broadcom Corporation (NASDAQ:BRCM)

6. Micron Technology (NASDAQ: MU)

Revenue: $21.4 billion

Market Cap: $82.71 billion

Assets: $49.6 billion

Number of Employees: 37,000

Headquarters: Boise, Idaho, US

Micron Technology is one of the biggest names in the semiconductor industry. The tech company designs and manufactures many different types of memory chips and semiconductors for a wide range of applications, including NAND memory flash, DRAM for primary system memory, and 3D XPoint.

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Disclosure: None. 15 biggest semiconductor companies in the world is originally published at Insider Monkey.