Q1 Global semiconductor market size and revenue ranking: Samsung ranked second, SK Hynix and Micron were squeezed out of the top ten

According to Omdia's latest data on June 29, the recession of the memory semiconductor market dragged down the sales of the overall semiconductor market, the global semiconductor market sales of $120.5 billion in the first quarter of this year, down 9% from the previous quarter, of which the storage market sales were only $19.3 billion, only 44% of $43.6 billion in the same period last year.
In the first quarter of this year, Samsung Electronics semiconductor business sales plunged 55.7% year-on-year to $8.929 billion. Intel recorded $11.149 billion in the same period, down 37.5 percent, but surpassed Samsung to take the top spot in sales.
Samsung Electronics was the world's largest semiconductor seller on an annual basis last year, but has lost the top spot to Intel for three consecutive quarters since Q3 last year. This has been interpreted as a sign that the pit of the storage downturn is deeper even in the face of a recession in the overall semiconductor market.
Affected by this, SK Hynix and Micron, which are also the "big three" storage companies with Samsung Electronics, have been squeezed out of the top 10.
But fabless companies have shown a tough stance:
Qualcomm's sales of $7.942 billion rose to third place from fourth place last year;
Broadcom jumped from seventh place last year to fourth place with $6.665 billion in sales;
AMD, with $5.299 billion in sales, moved up from No. 8 to No. 5.
Graphics processor (GPU) industry leader Nvidia sales of $5.278 billion, ranked sixth, unchanged from last year;
Automotive semiconductor company Infineon, ranked seventh, had sales of $4.381 billion, up 20.5% year on year;
Apple, which is expanding its own semiconductor designs, climbed to No. 8 with $4.291 billion in sales, up from No. 11 last year.
Texas Instruments ($4.27 billion) and ST ($4.247 billion) also took advantage of the downturn in memory semiconductor companies to move up to ninth and tenth place.