Moreover, according to Gartner’s latest research report, worldwide semiconductor revenue will total $595 billion in 2021, an increase of 26.3% from 2020. The biggest change in the list is that HiSilicon suddenly dropped out of the top 25.
“HiSilicon revenue fell 81 percent, from $8.2 billion in 2020 to $1.5 billion in 2021, as a direct result of U.S. sanctions on the company and its parent company Huawei,” said Andrew Norwood, research vice president at Gartner. This also affects China’s share of the semiconductor market, falling from 6.7% in 2020 to 6.5% in 2021.”