Technology
Tech in Vancouver: A Timeline Infographic
Tech in Vancouver: History and Timeline
Recently, we asked ourselves the question: is Vancouver really a global tech hub or is that just the local spin?
In researching this, we came across an amazing wealth of information on the Vancouver tech scene and decided to turn it into a three part infographic series that covers the past, present, and future of tech in Vancouver.
To kick things off, we dug deep into Vancouver’s past to see how the industry emerged. It turns out that the birth of tech in The Rainy City stems from two main companies: MacDonald, Dettwiler and Associates and MPR Teltech. This Cantech Letter article does a great job documenting how they came on the scene and what the people behind these companies accomplished.
Over the last 40 years, Vancouver has had great homegrown stories in green energy (Ballard Power), video games (Distinctive Software), enterprise services (Crystal Decisions), space tech (MDA), social media collaboration (Hootsuite), quantum computing (D-Wave), and many other cutting edge areas. Because of that success, Vancouver was able to eventually attract the big boys to set up shop.
Now that we’ve established a timeline of Vancouver’s tech history, it is time to look at the present picture. That will be Part Two of the series, coming soon.
To keep posted on the next two parts of the series, subscribe to our e-mail publication or connect with us on social media: Twitter, Facebook, LinkedIn, Google+. If you’re feeling particularly generous, you can also tip us with bitcoin: 1HBy6xYNyexLDndowzs1mxMbviuWo9bxRv
Note: All job titles and names used in this graphic are for illustrative purposes and are not meant to correspond to actual people. We wanted to give an idea of what jobs during each era might be like, but without invading anyone’s privacy. Therefore, we used fictional names/titles.
Special thanks to the people who helped us build this infographic: The Visual Capitalist team and also Connie Chen who volunteered time to help us put together facts.
Technology
Ranked: Semiconductor Companies by Industry Revenue Share
Nvidia is coming for Intel’s crown. Samsung is losing ground. AI is transforming the space. We break down revenue for semiconductor companies.
Semiconductor Companies by Industry Revenue Share
This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.
Did you know that some computer chips are now retailing for the price of a new BMW?
As computers invade nearly every sphere of life, so too have the chips that power them, raising the revenues of the businesses dedicated to designing them.
But how did various chipmakers measure against each other last year?
We rank the biggest semiconductor companies by their percentage share of the industry’s revenues in 2023, using data from Omdia research.
Which Chip Company Made the Most Money in 2023?
Market leader and industry-defining veteran Intel still holds the crown for the most revenue in the sector, crossing $50 billion in 2023, or 10% of the broader industry’s topline.
All is not well at Intel, however, with the company’s stock price down over 20% year-to-date after it revealed billion-dollar losses in its foundry business.
| Rank | Company | 2023 Revenue | % of Industry Revenue |
|---|---|---|---|
| 1 | Intel | $51B | 9.4% |
| 2 | NVIDIA | $49B | 9.0% |
| 3 | Samsung Electronics | $44B | 8.1% |
| 4 | Qualcomm | $31B | 5.7% |
| 5 | Broadcom | $28B | 5.2% |
| 6 | SK Hynix | $24B | 4.4% |
| 7 | AMD | $22B | 4.1% |
| 8 | Apple | $19B | 3.4% |
| 9 | Infineon Tech | $17B | 3.2% |
| 10 | STMicroelectronics | $17B | 3.2% |
| 11 | Texas Instruments | $17B | 3.1% |
| 12 | Micron Technology | $16B | 2.9% |
| 13 | MediaTek | $14B | 2.6% |
| 14 | NXP | $13B | 2.4% |
| 15 | Analog Devices | $12B | 2.2% |
| 16 | Renesas Electronics Corporation | $11B | 1.9% |
| 17 | Sony Semiconductor Solutions Corporation | $10B | 1.9% |
| 18 | Microchip Technology | $8B | 1.5% |
| 19 | Onsemi | $8B | 1.4% |
| 20 | KIOXIA Corporation | $7B | 1.3% |
| N/A | Others | $126B | 23.2% |
| N/A | Total | $545B | 100% |
Note: Figures are rounded. Totals and percentages may not sum to 100.
Meanwhile, Nvidia is very close to overtaking Intel, after declaring $49 billion of topline revenue for 2023. This is more than double its 2022 revenue ($21 billion), increasing its share of industry revenues to 9%.
Nvidia’s meteoric rise has gotten a huge thumbs-up from investors. It became a trillion dollar stock last year, and broke the single-day gain record for market capitalization this year.
Other chipmakers haven’t been as successful. Out of the top 20 semiconductor companies by revenue, 12 did not match their 2022 revenues, including big names like Intel, Samsung, and AMD.
The Many Different Types of Chipmakers
All of these companies may belong to the same industry, but they don’t focus on the same niche.
According to Investopedia, there are four major types of chips, depending on their functionality: microprocessors, memory chips, standard chips, and complex systems on a chip.
Nvidia’s core business was once GPUs for computers (graphics processing units), but in recent years this has drastically shifted towards microprocessors for analytics and AI.
These specialized chips seem to be where the majority of growth is occurring within the sector. For example, companies that are largely in the memory segment—Samsung, SK Hynix, and Micron Technology—saw peak revenues in the mid-2010s.
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