What is a semiconductor? Has anyone thought about it? Semiconductor is a chip which is located in between the insulator and the conductor on any circuit board. Mostly it is used for production of computing parts, devices, and electronic chips. How would you think our lives will be without an iphone, android or a tablet? For a minute think about how we will look without a phone or a laptop? With the rise of Artificial Intelligence, IoT and 5G, semiconductors have become an important part and parcel of all the technological devices which we are using now-a-days. Semiconductor is a basic component of any IT-related gadget. What is the composition of a semiconductor? It is made-up of elements like silicon and germanium. The compounds which contribute to its production include cadmium selenide or gallium arsenide. According to the Semiconductor Industry Association, the total sales of the global semiconductor manufacturers were $412.1 billion during 2019 which was 12.1% lower as compared to what was during the previous year (2018). Unfortunately, during 2020, the industry suffered heavy loss due to coronavirus. The industry is committed to revive its lost glory. It is estimated that the global semiconductor market is likely to rise by $726.73 billion by year 2027. There is no IT-gadget that is without a semiconductor. Keep reading this article till the end and you will get a brief introduction about some of the Top 10 Semiconductor Companies as shared by Insider Monkey on Yahoo.
Qualcomm is a US-based biggest manufacturer of semiconductors. As per available data, the company posted a revenue of $24.7 billion. Qualcomm has assets worth $31.9 billion. It is headquartered in California. The company has a workforce of 37,000 people. Qualcomm produces semiconductors for data transfer in portable devices and wireless communication. Another popular semiconductor producer is Taiwan Semiconductor Manufacturing Company. The company is based in Taiwan and owns assets worth $77.5 billion. It has a revenue of $45.4 billion. The total workforce of the company is 45,752 people. Taiwan Semiconductor Manufacturing Company is the third largest global manufacturer of semiconductors. The processors of this company are used in personal computers and other IT-related products. It also produces security and network equipment. Do you think this information is interesting? Do you want to read about other companies? Read this article 15 Biggest Semiconductor Companies in the World and read all the interesting information about other semiconductor manufacturers.