Technology

How Bitcoin is Changing the Face of Non-Profits

Published

9 years ago

January 28, 2015

Jeff Desjardins

How Bitcoin is Changing the Face of Non-Profits

Before, we have covered how Bitcoin will disrupt the banking and finance sectors. However, that is only one consequence of the emergence of cryptocurrencies and the public ledger system known as the blockchain.

Non-profits and charities accepting bitcoins are already benefiting. These organizations typically rely on donations to survive, by accepting bitcoin donations opens them up to new opportunities that are otherwise not possible.

The infographic gives two examples of ways that bitcoins can make it to a non-profit. First, a donor can give directly to the public address (sometimes expressed through a QR code) of the organization. Alternatively, through an app such as Bitgive, a donor can find and select a charitable organization that accepts bitcoins. Then, the intermediary handles the transaction and makes sure the funds get to the organization.

The benefits are plentiful: donors can give money from anywhere in the world at anytime, the transaction fees are minimal, the transaction is anonymous, and organizations can use companies like Coinbase and BitPay which will instantly convert transactions into whatever is the preferred currency with little market fluctuation risk.

Original graphic from: WhoIsHostingThis

Related Topics:bitcoin cryptocurrency blockchain non-profit charity giving

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Technology

Ranked: Largest Semiconductor Foundry Companies by Revenue

Most of the 10 largest semiconductor foundries in the world, are headquartered in just three Asian countries, accounting for 90% of the entire industry’s revenue.

Published

1 week ago

November 20, 2023

Marcus Lu

A cropped chart showing the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023.

Ranked: Largest Semiconductor Foundry Companies by Revenue

They’re in our phones, cars, planes, and even fridges.

Semiconductor chips have become critical for the modern way of life, and the biggest semiconductor foundry companies rake in billions of dollars from widespread demand.

This chart shows the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023, using data sourced from Trendforce.

ℹ️ We highlight data for companies that only operate foundries (fabrication plants) that manufacture chips for clients, also known as a “pure-play” foundries, as well as companies that design and manufacture their own chips, known as integrated device manufacturers. “Fabless” manufacturers that only design and don’t manufacture their own chips are not included.

Semiconductor Foundry Companies by Revenue

At the top of the list and dwarfing every other company by revenue share is TSMC which earned 60% (or nearly $17 billion) of the entire industry’s revenue in Q1 2023.

Founded in 1987, TSMC is a pure-play foundry that has become Taiwan’s largest company and manufactures products for a host of clients including Apple, NVIDIA, and AMD.

Rank	Company	Country	Revenue (Q1 2023, USD)
1	TSMC	🇹🇼 Taiwan	$16,735M
2	Samsung	🇰🇷 South Korea	$3,446M
3	GlobalFoundries	🇺🇸 US	$1,841M
4	UMC	🇹🇼 Taiwan	$1,784M
5	SMIC	🇨🇳 China	$1,462M
6	HuaHong Group	🇨🇳 China	$845M
7	Tower Semiconductor	🇮🇱 Israel	$356M
8	PSMC	🇹🇼 Taiwan	$332M
9	VIS	🇹🇼 Taiwan	$269M
10	DB Hitek	🇰🇷 South Korea	$234M
	Other		$556M
	Global Total		$27,860M

Note: Revenue based on the following conversion rates: USD 1 = WON 1,276; USD 1 = NTD 30.4.

Well behind TSMC in foundry revenues is integrated device manufacturer Samsung, the biggest company in South Korea, which made $3.4 billion (12.4% of the industry’s revenue) from its semiconductor manufacturing business.

GlobalFoundries from the U.S., UMC from Taiwan and SMIC from China round out the top five, with each taking home around 6% of industry’s revenue share in Q1 2023. The former spun out from AMD’s manufacturing arm when the company went fabless in 2009.

Industry concentration is apparent in semiconductors. For example, the top 10 semiconductor foundry companies account for 98% of the entire industry’s revenue. Furthermore, 90% of the market is dominated by companies in just three Asian countries: Taiwan, South Korea, and China.