• Home
  • About
  • Privacy Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
Teknowire
No Result
View All Result
Home News

China becomes the World largest semiconductor market

Charles Khan by Charles Khan
February 18, 2022
China becomes the World largest semiconductor market
Share on FacebookShare on Twitter

The growth of the semiconductor market is extraordinary in 2021 and China is the largest individual semiconductor market in the world.

The Semiconductor Industry Association (SIA) said worldwide chip sales totaled 555.9 billion US dollars last year, a significant 26.2% year-on-year increase. SIA predicts the semiconductor industry will grow 8.8 percent this year and will meet production capacity to meet growing demand.

China leads the market with total sales of US$192.5 billion in 2021, marking a 27.1% year-on-year increase as quoted by Gizmochina.

See also: Dimensity 8000 Vs Snapdragon 888 – Who will win?

In 2020, semiconductor sales were up just 6.8% from before, but just a year later in 2021, chip sales crossed 1 trillion for the first time since 2018.

Moreover, major chipmakers such as TSMC (Taiwan Semiconductor Manufacturing Company), Samsung, and Intel have announced billions of dollars in investments to expand chip production through new facilities.

According to IC Insights, global semiconductor sales will experience very significant growth in 2021. The reason is the world economy is bouncing back from the COVID-19 pandemic that began in 2020. IC Insights also estimates that global semiconductor sales in 2022 will continue to grow, but with a lower level. This was conveyed by IC Insights some time ago through a release that was published.

See also: Intel Acquires Israel Semiconductor Chip Manufacturer For US$5.4 Billion

Specifically, IC Insights predicts that total semiconductor sales in 2022 will grow by 11% compared to 2021. This value is lower than last year's 25% which reached 25% compared to the previous year. However, the total value of semiconductor sales in 2022 is estimated to be US$680.6 billion and is the highest global semiconductor sales value of all time. The largest portion of the total semiconductor sales value in question is still IC.

Interestingly, based on IC Insights' predictions, the magnitude of the growth of the O-S-D segment (optoelectronic, sensor/actuator, and discrete) is similar to the size of the growth of the IC segment. The two segments concerned both grew by around 11% in 2022 compared to 2021.

See also: Intel releases blockchain chip for crypto mining and NFT

The amount of growth for each segment does not have to be the same. In 2019, for example, the O-S-D segment grew from before, while the IC segment decreased from before. The sales value for each segment in 2022 is estimated to reach US$ 565.1 billion for the IC segment and US$ 115.5 billion for the O-S-D segment.

IC Insights added that global semiconductor shipments are forecast to grow 10%, both for the IC segment and for the OSD segment, this year compared to 2021. It is estimated that there will be 432 billion ICs shipped and 889.3 billion OSD devices shipped in 2020. 2022.

Google News icon Follow Teknowire on Google News
Tags: chinaChipIntelsamsungSemiconductor
Charles Khan

Charles Khan

Charles has been covering the gadget news scene since 2010. Have passion in game and blockchain technology.

Trending.

Garmin Fenix ​​7

Review Garmin Fenix 7X Sapphire Solar

Acer Swift 5 (SF514-56T) specifications

Everything you should know about Acer Swift 5 (SF514-56T)

February 24, 2022
Google Search will prioritize real reviews over clickbait

Google Search will prioritize real reviews over clickbait

August 20, 2022
Xclipse 920 Vs Adreno 730 – Who will win?

Xclipse 920 Vs Adreno 730 – Who will win?

January 24, 2022
How to send a secret message in Gmail

How to send a secret message in Gmail

August 20, 2022
Teknowire

Teknowire is a technology news portal. We cover consumer tech, digital lifestyle, innovation, scientific breakthroughs, the future, and meaningful analysis for readers.

Follow Us

Categories

  • Accessories
  • Apps
  • Cameras
  • Device
  • Digital Culture
  • E-Business
  • Electric Vehicles
  • Game
  • How To
  • Laptops
  • News
  • Review
  • Security
  • Smartphone
  • Smartwatch
  • Social Media
  • Tablets
  • UnCat

Tags

android apple Audio battery camera Chip chipset design display facebook Fast Charging game games Gaming google how to iphone laptop memory Meta microsoft Monitor Operating System OS price processor Qualcomm RAM samsung Screen security smartphone smartwatch snapdragon Snapdragon 8 social media Speaker spec specification storage Streaming tiktok twitter video Xiaomi

Recent News

Volvo and Polestar Vehicles Receive OTA Update: Enhanced Apple CarPlay and New Features Await

Volvo and Polestar Vehicles Receive OTA Update: Enhanced Apple CarPlay and New Features Await

June 3, 2023
Garmin Unveils Fenix 7 Pro Smartwatch Series with Robust Features and Rugged Design

Garmin Unveils Fenix 7 Pro Smartwatch Series with Robust Features and Rugged Design

June 3, 2023
Tesla Model 3 Qualifies for Full $7,500 Federal EV Tax Credit

Tesla Model 3 Qualifies for Full $7,500 Federal EV Tax Credit

June 3, 2023
Tesla’s Strategic Stock Clearance Signals Imminent Facelift Launch for Model 3

Tesla’s Strategic Stock Clearance Signals Imminent Facelift Launch for Model 3

June 3, 2023
  • Home
  • About
  • Privacy Policy
  • Contact

© 2022 Teknowire - Developed by Teknowire.

No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles

© 2022 Teknowire - Developed by Teknowire.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Hey Friend! Get the latest technology news straight into your inbox!

Don't worry, we don't spam

Close this popup