Global Semiconductor Market Surpassed $150 Billion In Q3 2021; Samsung Tops The List

According to a recent report released by market research company Omida, global semiconductor sales has reached $153.2 billion in the third quarter of 2021. Compared to the second quarter, the segment saw a growth of about 7.6 per cent, however, the market research firm says that the growth rate was slightly less than the annual average of 7.9 per cent, which has been seen from 2002 till last year. Omdia says that third-quarter sales were led by seasonal demand, strong memory sales, and chip shortages.

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In Q3, Samsung sold chips worth nearly $21 billion, witnessing a 13 per cent growth compared to the second quarter

As for market share, South Korea's Samsung Electronics managed to surpass United States' Intel to take the leading position in the list of top 10 companies in the global semiconductor market. In Q3, Samsung sold chips worth nearly $21 billion, witnessing a 13 per cent growth compared to the second quarter. At the same time, Intel's market sales stood at $18.786 billion, about a 1.8 per cent decline compared to the previous quarter. The third spot, on the other hand, was taken by Samsung's fellow Korean brand, SK Hynix, which reported chip sales of nearly $10 billion, witnessing a growth of 10.8 per cent compared to Q2 2021.

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In its report, Omdia said, "The sales of display driver (DDI, 13 per cent) and image sensor (17 per cent) products also significantly increased, but memory market is about five times larger in terms of size."

In Q3 2021, Intel's market sales stood at $18.786 million, about a 1.8 per cent decline compared to the previous quarter

In the third quarter, the global semiconductor market sales were led by strong demand for memory products such as DRAM and NAND flash. Compared to Q2, the memory market saw a q-o-q growth of 12 per cent between July and September 2021. In fact, the NAND flash market significantly expanded during Q3, 2021, it alone amounting to $18.7 billion, witnessing a growth of 13.8 per cent compared to $16.4 billion sales achieved in the second quarter.

According to TrendForce, a Taiwanese market research firm, Samsung Electronics topped the DRAM and NAND markets in the third quarter with 44 per cent and 34.5 per cent market shares, respectively. However, Samsung Electronics' semiconductor foundry market share remained at 17.1 per cent, ranking second after Taiwan's TSMC, which help a leading market share of 53.1 per cent.