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How the World’s Smartest Cities are Being Built

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How the World's Smartest Cities are Being Built

How the World’s Smartest Cities are Being Built

View the high resolution version of today’s graphic by clicking here.

As the world’s biggest cities continue to sprawl with many millions of new people, they’ll look to many of the technologies and tactics covered in today’s infographic from Raconteur to work smarter – and not harder – for their inhabitants.

Why Cities?

Cities are the engines of modern society.

They power the global economy, consume vast amounts of resources, house the majority of the world’s population, and create much of the pollution and emissions that have scientists concerned about the future.

Why Cities

And while big cities consume a lot of resources already – this hardly compares to the megacities of the near-future. In fact, in our lifetimes, we will see massive urban areas in Africa and Asia with populations that swell to 50 million people or more.

That’s right – there will be swelling urban populations that consume more food, energy, and materials than most countries.

The Right Timing

While the prospect of optimizing for the problems of burgeoning metropolises may seem daunting, the timing is actually perfect. The arrival of the Internet of Things (IoT) – thanks to innovations in cheap sensor technology, big data, and predictive analytics – is making it possible to tackle all sorts of urban issues.

Integrating this, along with other advancements in information communication technology (ICT), into urban planning is the vision for smart cities:

What is a Smart City?

But, enough on the broad strokes of this movement – here’s how specific changes are taking place.

Working Smarter, Not Harder

Here are some of the initiatives taken on by the people running the smartest cities today:

Smart roads
Monitoring vehicle and pedestrian levels to optimize or divert traffic according to conditions. Intelligent, adaptive fast and slow lanes for walking and cycling.

Smart buildings
Rooftop gardens or vegetation on sides of buildings to help with insulation. Optimization of heating, energy usage, lighting, and ventilation. Integrating photovoltaics and wind turbines into building designs.

Smart lighting
Intelligent and weather adaptive street lights to boost energy efficiency.

Smart waste management
Monitoring garbage levels in containers in real-time to optimize collection routes.

Smart grids
Energy consumption monitoring and management. Uses tech to detect and react to local changes in usage.

And cities aren’t the only thing becoming smarter. See how the home is becoming smarter, as well.

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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.

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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.

โ„น๏ธ 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.

RankCompanyCountryRevenue
(Q1 2023, USD)
1TSMC๐Ÿ‡น๐Ÿ‡ผ Taiwan$16,735M
2Samsung๐Ÿ‡ฐ๐Ÿ‡ท South Korea$3,446M
3GlobalFoundries๐Ÿ‡บ๐Ÿ‡ธ US$1,841M
4UMC๐Ÿ‡น๐Ÿ‡ผ Taiwan$1,784M
5SMIC๐Ÿ‡จ๐Ÿ‡ณ China$1,462M
6HuaHong Group๐Ÿ‡จ๐Ÿ‡ณ China$845M
7Tower Semiconductor๐Ÿ‡ฎ๐Ÿ‡ฑ Israel$356M
8PSMC๐Ÿ‡น๐Ÿ‡ผ Taiwan$332M
9VIS๐Ÿ‡น๐Ÿ‡ผ Taiwan$269M
10DB Hitek๐Ÿ‡ฐ๐Ÿ‡ท 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.

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