[Gartner: The global semiconductor revenue in 2023 was $533 billion, down 11.1% year-on-year] The science and technology innovation board Journal reported on the 17th that according to the preliminary statistics released by the market research organization Gartner, the global semiconductor revenue in 2023 was $533 billion, down 11.1% year-on-year.
Alan Priestley, the analyst of Gartner said that the poor market performance had a negative impact on some semiconductor suppliers. Among the top 25 semiconductor manufacturers, only 9 achieved revenue growth in 2023, and 10 experienced double-digit decline. At the same time, Intel surpassed Samsung to become the world's largest semiconductor chip company.
The data shows that in 2023, the revenue of Samsung Electronics' semiconductor chip division dropped from $70.2 billion in 2022 to $43.4 billion in 2023. In the same period, Intel's semiconductor business declined, but the decline was even smaller, reaching the top with revenue of $50.5 billion. Other semiconductor chip companies on the list of Counterpoint Research are NVIDIA, Qualcomm, Broadcom, SK Hynix, AMD, Texas Instruments, Infineon and ST Microelectronics. It is worth mentioning that NVIDIA's performance soared due to the eruption of AI model, ranking among the top three semiconductor revenues in the world at the first time.
In fact, most semiconductor giants suffered a decline in performance in the past year, and global semiconductor revenue fell by 11.1% year-on-year, but the good news is that the worst moment is getting close. Semiconductor Industry Association,SIA recently said that semiconductor sales are expected to get rid of shrinkage and increase in 2024, and it is expected to increase by 13.1%. The World Semiconductor Trade Statistics Organization (WSTS) recently raised the global semiconductor market sales forecast for 2024, and predicted that the global semiconductor revenue will reach 588.364 billion US dollars in 2024, among which the revenue of memory chips will increase by 44.8%, which has become the main driving force for the growth of semiconductor revenue.
At the beginning of 2024, price increase letters have been received from several semiconductor manufacturers, and consumer electronics will enter a new round of price increase cycle. Of course, with the gradual recovery of consumer electronics products such as smart phones, laptops and tablets, and the arrival of the AI boom, it also brings new opportunities to memory chip manufacturers. Let's wait and see the performance of various fields in semiconductors in the year of 2024.
