Global semiconductor revenue passed $500 billion in 2021
(Windows Phone Central)

Semiconductor revenue passed $500 billion for the first time ever in 2021. What you need to know Worldwide semiconductor revenue increased by 25.1% in 2021, reaching a total of $83.5 billion. 2021 was the first year that global semiconductor revenue passed $500 billion. For the first time since 2018, Samsung Electronics earned the top spot among vendors in terms of semiconductor revenue. Semiconductor growth increased 25.1% in 2021, according to preliminary results by Gartner. That rise saw the semiconductor industry reach a total of $583.5 billion, which is the first time annual revenue has crossed $500 billion within a year. The increase occured despite the ongoing global chip shortage. Growth in the semiconductor market occurred across several segments, and particularly grew in the automotive industry, according to Andrew Norwood, research vice president at Gartner. `As the global economy bounced back in 2021, shortages appeared throughout the semiconductor supply chain, pa...