Apr. 3, 2023 /SemiMedia/ -- According to a report recently released by Gartner, global semiconductor revenue in 2022 increased by 0.2% year-on-year to $599.1 billion.

Gartner releases ranking of Top 25 Semiconductor Vendors-SemiMedia

The report shows that in 2022, global semiconductor revenue reached US$599.1 billion, a slight increase of only 0.2% year-on-year. The total revenue of the top 25 semiconductor manufacturers increased by 1.9% year-on-year, while the total revenue of other companies decreased by 5.1%.

The top 5 companies are Samsung, Intel, Qualcomm, SK Hynix and Micron.

From the perspective of revenue rise and fall, ADI’s business in the industrial, automotive and communication fields achieved substantial growth last year, so the company’s revenue increased by 46% year-on-year last year, the largest revenue growth rate among the global TOP25 semiconductor manufacturers; AMD benefited from Embedded, data center and gaming business growth, last year's total revenue increased by 45%. The company with the largest decline was Novatek (-23%), followed by Intel (-20%).

It is worth mentioning that among the TOP25 manufacturers, the revenue of memory manufacturers Samsung, SK hynix, Micron and Western Digital decreased by 13%, 10%, 6% and 17% respectively last year.

The deterioration of the memory chip market is intensifying. Due to the impact of slowing demand for smartphones and other influences, the inventory has increased, and the downward pressure on memory prices continues.