Semiconductors are an essential component of the microchips that power virtually every modern electronic device. As the objects around us get “smarter” and demand for electronics grows around the world, the demand for semiconductors will continue to skyrocket. Also known as foundries, semiconductor companies specialize in the fabrication or production of chips. “Fabless” chip makers – companies that design their chips and supply hardware but do not have fabrication plants – outsource chip production to foundries.
Here are the top 10 largest semiconductor companies in the world.
| Rank | Company | Market share |
| 1. | TSMC | 54% |
| 2. | Samsung | 17% |
| 3. | UMC | 7% |
| 4. | GlobalFoundries | 7% |
| 5. | SMIC | 5% |
| 6. | HH Grace | 1% |
| 7. | PSMC | 1% |
| 8. | VIS | 1% |
| 9. | DB HiTek | 1% |
| 10. | Tower Semiconductor | 1% |
