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The Top 10 Semiconductor Companies by Market Share

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The Briefing

  • Taiwan Semiconductor Manufacturing Co. accounts for 54% of the global market share
  • Taiwan, South Korea, and China combine for 87% of the global semiconductor market

The Top 10 Semiconductor Companies by Market Share

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.

So, which companies currently make these chips, and where are they located?

The above infographic uses data from TrendForce to break down the top 10 semiconductor companies by country and market share.

The Biggest Semiconductor Companies

Before diving into the companies, it’s important to have context on their business. Also known as foundries, these 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, primarily in Asia.

Taiwan, China, and South Korea combine for roughly 87% of the global foundry market. Here’s how it breaks down:

CompanyMarket shareCountry
TSMC54%Taiwan 🇹🇼
Samsung17%South Korea 🇰🇷
UMC7%Taiwan 🇹🇼
GlobalFoundries7%U.S. 🇺🇸
SMIC5%China 🇨🇳
HH Grace1%China 🇨🇳
PSMC1%Taiwan 🇹🇼
VIS1%Taiwan 🇹🇼
DB HiTek1%China 🇨🇳
Tower Semiconductor1%Israel 🇮🇱
Other firms5%N/A

TSMC, short for Taiwan Semiconductor Manufacturing Company, is by far the world’s largest chip manufacturer. It’s also the sixth most valuable company in the world with a market cap of over $600 billion, and supplies chips to the likes of Apple, Intel, and Nvidia.

TSMC and Samsung are the only companies capable of producing today’s most advanced 5-nanometer chips that go into iPhones. However, the Taiwanese company is one step ahead and set to produce its 3-nanometer chips in 2022, offering the most advanced foundry technology.

Other companies on the list include China’s largest chipmaker SMIC, one of the 60 Chinese companies blacklisted by the U.S. in 2020. On a country level, Taiwan accounts for 63% of the foundry market, followed by South Korea with 18%. In both countries, the majority of the market share belongs to a single company.

The 2021 Semiconductor Shortage

With the adoption of 5G devices and other new technologies, chips have been in high demand.

While pandemic-induced shutdowns have hampered supply, the demand for chips has continued surging with reopening economies. The resulting chip shortage has rattled several industries with lead times—the gap between when a semiconductor is ordered and when it is delivered is at a record high of 22 weeks.

The chip shortage is a boon to semiconductor companies, but downstream firms are struggling. Global automakers are set to make 7.7 million fewer cars in 2021, which translates into a $210 billion hit to their revenues. Consumer electronics have taken a blow as well, with popular products like the Playstation 5 console in short supply.

New chip factories take years to build, in addition to billions of dollars. With many analysts expecting the shortage to last through 2023, it’ll be interesting to see how chipmakers respond, especially if demand continues to rise.

Where does this data come from?

Source: TrendForce

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The 10 Longest Range EVs for 2023

This infographic lists 10 of the longest range EVs currently for sale in the U.S. in 2023. The Lucid Air takes first place at 516 miles.

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The Briefing

  • EV models with over 300 miles (480 km) of range are becoming more common in the United States
  • The Lucid Air (Grand Touring trim) has the highest EPA range at 516 miles (830 km)

The 10 Longest Range EVs for 2023

Range anxiety is frequently cited as one of the biggest turnoffs of electric vehicles (EVs).

Even as recent as 2021, the average range of an EV was just 217 miles (349 km), falling significantly short from the average gas car’s range of 413 miles (665 km). Thankfully, as this infographic shows, EVs with over 300 miles of range are becoming more common.

Below are the top 10 EVs for 2023, ranked by their EPA combined driving range. For further context, we’ve also included price. These values are for the specific trim that achieves the stated range. In some cases, more expensive trims are available but have a lower range (e.g. Tesla Plaid).

ModelEPA Combined Driving RangePrice*
Lucid Air516 mi (830 km)$138,000
Tesla Model S405 mi (652 km)$84,990
Hyundai Ioniq 6361 mi (581 km)$45,500
Tesla Model 3358 mi (576 km)$55,990
Mercedes-Benz EQS350 mi (563 km)$104,400
Tesla Model X348 mi (560 km)$94,990
Tesla Model Y330 mi (531 km)$52,990
GMC Hummer EV Pickup329 mi (529 km)$110,295
Rivian R1T328 mi (528 km)$74,800
BMW iX324 mi (521 km)$87,100

*Most recent prices available as of April 2023

Note that the EV market is rapidly evolving, and the data in this table has a limited shelf life. For example, Rivian is releasing a battery option dubbed the “Max pack” which promises up to 400 miles, but is not yet EPA rated.

Where Does This Data Come From?

Source: Car and Driver (range), manufacturer websites (price)

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