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According to the data of Omdia, a market research company, the global semiconductor market in the third quarter of this year was 147 billion US dollars, down 7% from 158 billion US dollars in the second quarter. Samsung Electronics was defeated by Intel and won the second place in global semiconductor sales.

Due to the increased demand for consumer electronics and semiconductor products during the epidemic, the global semiconductor market has expanded for eight consecutive quarters since 2020, but the market began to shrink in Q2 this year - another sign that the global economy is under the pressure of rising interest rates and increasing geopolitical risks.

Cliff Rimbach, the chief researcher of Omdia, said that the decline of Q2 market was attributed to the weakness of PC market and the sluggish performance of Intel, while the decline of Q3 was mainly due to the weakness of memory market. Rimbach said that the profit in the memory market was 27% lower than the previous quarter, due to the inventory adjustment of customers and the decline in demand for data centers, PCs and mobile device chips.


As a result, Samsung Electronics, SK Hynix and Micron Technologies, which focus on memory semiconductor business, have achieved less than ideal semiconductor performance in Q3 this year, with their revenue declining by more than 10 billion dollars. Samsung Q3 sales fell 28.1% from the previous quarter to only 14.6 billion US dollars. Intel's sales reached 14.9 billion US dollars, taking the first place by a narrow margin.

The third place was Qualcomm, with sales of $9.9 billion, an increase of 5.6% over the previous quarter. SK Hynix fell to the fourth place from the third place in the last quarter, and its sales decreased by more than 26%. The sales of Micron also dropped by more than 27%, replacing the sixth ranked Broadcom.

In addition, Omdia's ranking of semiconductor companies does not include foundry companies such as TSMC.