© IC Insights Components | April 14, 2021
Chinese companies hold only 5% of global IC market
Propelled by 50% share of IDM sales and 64% share of fabless sales, U.S. companies captured 55% of the total worldwide IC market in 2020.
U.S. companies held 55% of the total worldwide IC market in 2020 followed by the South Korean companies with a 21% share. Taiwanese companies, on the strength of their fabless company IC sales, held 7% of total IC sales, one point greater than the European and Japanese companies. As shown, Chinese companies held only 5% of the global IC market in 2020, market researcher IC Inisghts states in a press release. South Korean and Japanese companies have an extremely weak presence in the fabless IC segment and the Taiwanese and Chinese companies have a very low share of the IDM portion of the IC market. Overall, U.S.-headquartered companies showed the most balance with regard to IDM, fabless, and total IC industry marketshare. In 2020, the Japanese companies’ IC industry marketshare continued its decent that began back in the 1990s. As shown in graph below, Japanese companies held almost half of the worldwide IC marketshare in 1990 only to see that share fall precipitously over the past 30 years to only 6% in 2020. While the European companies marketshare decline has not been as steep as the Japanese companies, the European firms also held only a 6% share of the global IC market last year, down from 9% in 1990. In contrast to the Japanese and European companies IC marketshare slide over the past three decades, the U.S. and Asian IC suppliers have seen their shares climb since 1990. As shown in the graph above, the Asian companies have seen their share of the worldwide IC market surge from a miniscule 4% in 1990 to 33% in 2020. This increase in share by the Asian IC suppliers equates to a 30-year IC sales CAGR of 15.5%, slightly more than double the total IC market CAGR of 7.7% over this same timeperiod.
More information can be found on © IC Insights' website.
More information can be found on © IC Insights' website.
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