Revenue at the world’s top 10 IC designers soared 48 percent year-on-year to US$127.41 billion last year, with Taiwan’s Novatek Microelectronics Corp (聯詠科技) posting the fastest growth, TrendForce Corp (集邦科技) data showed.
The revenue growth was mainly driven by surging demand for electronics, which led to a global chip crunch and prompted chipmakers to increase prices, TrendForce said.
Four Taiwanese chip designers made the top 10 list for last year.
Photo: Grace Hung, Taipei Times
Hsinchu-based Novatek outperformed its global peers with revenue soaring 79 percent annually to US$4.84 billion last year, which helped raise the company’s ranking two notches to No. 6, data showed.
TrendForce attributed Novatek’s strong growth to higher demand and prices for Novatek’s system-on-a-chips (SoC) used in consumer electronics and display driver ICs.
Local networking IC designer Realtek Semiconductor Corp (瑞昱半導體) rose one spot to No. 8 on the list after growing its revenue 43 percent to US$3.77 billion, data showed.
Robust demand for Ethernet switches and Wi-Fi chips fueled Realtek’s revenue growth, TrendForce said.
MediaTek Inc (聯發科), which commands about a 40 percent share of the world’s 5G mobile phone chip market, safeguarded its No. 4 place, with revenue soaring 61 percent to US$17.62 billion.
TrendForce attributed MediaTek’s growth to its offerings of SoC for handsets and higher 5G handset penetration rate. Revenue from the cellphone chips skyrocketed 93 percent annually.
Display driver IC supplier Himax Technologies Inc (奇景光電) elbowed its way into the top 10 list for the first time, aided by strong revenue growth of 74 percent to US$1.55 billion after expanding its business to vehicle displays.
Qualcomm Inc retained its top position with revenue expanding 51 percent to US$29.33 billion, driven primarily by rising demand for mobile phone SoCs and chips used in Internet-of-Things devices, TrendForce said.
Higher demand for the US firm’s radio frequency chips and vehicle chips also helped, it added.
Nvidia Corp climbed one spot to No. 2, as revenue surged 61 percent to US$24.89 billion on demand for graphics processing units used in gaming PCs and data centers, while Broadcom Inc ranked third, as revenue rose 18 percent to US$21.03 billion.
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