Development and Strategic Position of the Global Semiconductor Industry Chain

Development and Strategic Position of the Global Semiconductor Industry Chain

With escalating geopolitical risks, ongoing conflicts, tighter monetary policies in Europe and the U.S., and variables such as uncertainties from national elections and natural disasters, global economic performance is expected to remain flat or subdued compared to 2023. Despite the broader economic challenges, the semiconductor market is seeing a nearing completion of inventory adjustments. As demand for terminal products gradually recovers and long-term needs in automotive, high-performance computing (HPC), and Artificial Intelligence of Things (AIoT) sectors provide support, the semiconductor market is anticipated to return to a growth trajectory, with potential for double-digit growth. This report offers an overview of the global semiconductor market performance, analyzes the competitive landscape of three dynamic random access memory (DRAM) suppliers Samsung, SK Hynix, and Micron—and explores the future development of 3D NAND and major wafer foundries through 2025.

Table of Contents

1. Global Semiconductor Market Performance

1.1 Global Semiconductor Market Declines in 2023

1.2 Supply Chain Recovery Likely to Drive Double-Digit Growth in the Semiconductor Market in 2024

1.3 ICs Dominating the Global Semiconductor Market with Over 80% Share

1.4 Global End-Product Shipment Growth Driving Pull-in Demand in 2024

2. Capex of Global Semiconductor Companies

2.1 High Concentration of CapEx among Global Semiconductor Firms

2.2 Semiconductor Equipment Takes the Largest Share of CapEx

3. Competitive Landscape of three DRAM suppliers

3.1 Two Korea Suppliers Dominates the DRAM Market with a 72% Share

3.2 Fierce Competition Expected as DRAM Enters the 1γ Process in 2024

3.3 HPC Applications Drive HBM Development

4. 3D NAND Advances into the 200-Layer Era

4.1 Two Korean Companies Lead the NAND Flash Market with a 52% Share

4.2 The Future of 3D NAND Entering the 300-Layer Era

5. Major Wafer Foundries Have Mass-Produced 3nm Process

5.1 2022-2023: Major Foundries Kick off 3nm Process Mass Production

5.2 2024-2025: Major Foundries Compete in the 2nm Era

6. Global Semiconductor Companies’ Revenue Ranking

6.1 TSMC Remains the World’s Largest Semiconductor Company in 2023

6.2 Nvidia Stands Out in 2023 with Revenue Growth of 87%

7. MIC Perspecitve

Appendix

List of Companies

List of Tables

Table 1. 2023 Global Top 25 Semiconductor Companies Revenue Rankings (Including Wafer Foundries)

List of Figures

Figure 1. Worldwide Semiconductor Market Value, 2011 - 2024

Figure 2. End Product Shipment Volume and Growth Rate in 2024

Figure 3: Global Leading DRAM Manufacturers' Technology Roadmap

Figure 4. Global Major NAND Flash Manufacturers' Technology Roadmap

Figure 5. Global Major Wafer Foundries’ Technology Roadmap

Table of Contents

1. Global Semiconductor Market Performance

1.1 Global Semiconductor Market Declines in 2023

1.2 Supply Chain Recovery Likely to Drive Double-Digit Growth in the Semiconductor Market in 2024

1.3 ICs Dominating the Global Semiconductor Market with Over 80% Share

1.4 Global End-Product Shipment Growth Driving Pull-in Demand in 2024

2. Capex of Global Semiconductor Companies

2.1 High Concentration of CapEx among Global Semiconductor Firms

2.2 Semiconductor Equipment Takes the Largest Share of CapEx

3. Competitive Landscape of three DRAM suppliers

3.1 Two Korea Suppliers Dominates the DRAM Market with a 72% Share

3.2 Fierce Competition Expected as DRAM Enters the 1γ Process in 2024

3.3 HPC Applications Drive HBM Development

4. 3D NAND Advances into the 200-Layer Era

4.1 Two Korean Companies Lead the NAND Flash Market with a 52% Share

4.2 The Future of 3D NAND Entering the 300-Layer Era

5. Major Wafer Foundries Have Mass-Produced 3nm Process

5.1 2022-2023: Major Foundries Kick off 3nm Process Mass Production

5.2 2024-2025: Major Foundries Compete in the 2nm Era

6. Global Semiconductor Companies’ Revenue Ranking

6.1 TSMC Remains the World’s Largest Semiconductor Company in 2023

6.2 Nvidia Stands Out in 2023 with Revenue Growth of 87%

7. MIC Perspecitve

Appendix

List of Companies

List of Tables

Table 1. 2023 Global Top 25 Semiconductor Companies Revenue Rankings (Including Wafer Foundries)

List of Figures

Figure 1. Worldwide Semiconductor Market Value, 2011 - 2024

Figure 2. End Product Shipment Volume and Growth Rate in 2024

Figure 3: Global Leading DRAM Manufacturers' Technology Roadmap

Figure 4. Global Major NAND Flash Manufacturers' Technology Roadmap

Figure 5. Global Major Wafer Foundries’ Technology Roadmap