According to the latest report released by IC Insights, in the first quarter of this year, HiSilicon's sales increased by 54% year-on-year, making it the first semiconductor supplier in mainland China to enter the top 10 in global sales.

The report pointed out that in the first quarter, HiSilicon and NVIDIA entered the top ten ranking, while Infineon and Toshiba lost their positions in the top ten ranking. The TOP10 companies are Intel, Samsung, TSMC, SK Hynix, Micron, Broadcom, Qualcomm, Texas Instruments, NVIDIA and Hisilicon.

HiSilicon reaches the top 10 in global semiconductor sales-SemiMedia

According to the report, the top ten semiconductor companies' sales in the first quarter of 2020 increased by 16% year-on-year, which is more than double the global semiconductor industry's total sales in the first quarter of 2020. In addition, nine of the top ten companies achieved sales of at least $ 3 billion in the first quarter. The largest increase is TSMC, its revenue in the first quarter increased by 45% year-on-year, this growth comes from Apple and Hisilicon smartphone orders for 7nm chips.

The report pointed out that HiSilicon has become an increasingly important customer of TSMC. In 2019, HiSilicon accounted for 14% of TSMC's sales revenue, up from 5% in 2017. It is worth noting that HiSilicon and Apple together accounted for 37% of TSMC's total sales in 2019.