Taiwan Semiconductor Manufacturing Co. ranked number three in the first half of 2019

Taiwan Semiconductor Manufacturing Co. ranked number three in the first half of 2019

According to the latest market survey, Taiwan Semiconductor Manufacturing Co. (TSMC) was the third biggest chip provider in the world in the first half of 2019, while Taiwan-based MediaTek Inc. came in the list of top 15 IC chip providers for the first time.

In a research study, market data advisory agency IC Insights said TSMC posted revenues of US$ 14.85 billion in the first six months of 2019, down 9 percent from a year ago due to its customers ‘ stock modifications.

But the world’s biggest contract chipmaker shifted a bit to third in the rankings, replacing South Korean dynamic random access memory (DRAM) chipmaker SK Hynix Inc., which saw sales decline 35 percent from a year ago to US$ 11.56 billion due to reduced product price.

Taiwanese IC designer MediaTek saw its first-half income drop 1 percent year-on-year to US$ 3.69 billion to take the 15th place, which is an increase from a year ago, declared by IC Insights.

According to IC Insights, six of the world’s top 15 IC providers were from the United States, three from Europe, two from Taiwan, two from South Korea, and two from Japan.

The 15 companies ‘ combined sales dropped 18 percent in the first half from a year ago to US$ 148.72 billion, a conventional slow period for the semiconductor industry.

U.S .- based Intel Corp. rated the world’s biggest provider of semiconductors, up one bit from a year ago, although revenues dropped by 2 percent to $32.04 billion, as told by IC Insights.

IC Insights said that Intel replaced South Korea’s Samsung Electronics Corp. as the world No. 1 after South Korea’s DRAM and NAND flash producer saw their revenues drop 33 percent from a year ago to US$ 26.67 billion due to memory chip industry’s weakness.