Research firm IC Insights has revealed the ranking of leading global semiconductor firms in 2020.
Samsung Electronics is expected to retain second place in the global semiconductor supplier ranking this year behind Intel, according to the market researcher IC Insights.

The South Korean tech giant was projected to report $60.4 billion in chip sales this year, up 9 percent from a year earlier, to rank second.

Intel is expected to defend its top position with estimated sales of $73.8 billion, up 4 percent from a year earlier.

Samsung, the world’s largest memory chip maker, was the leader in semiconductor sales in 2017 and 2018, thanks to a boom in the memory market, but lost its No. 1 spot to Intel last year.

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading foundry firm, will be the third semiconductor supplier with $45.4 billion, up 31 percent from a year ago.

SK hynix Inc, the world’s No. 2 DRAM supplier, took the fourth spot with $26.4 billion, up 14 percent from a year earlier.

U.S. memory giant Micron Technology will be in the fifth position with $21.6 billion revenue.

The top-15 semiconductor companies’ sales are forecast to increase by 13 percent this year to $355.4 billion compared with 2019.

Of the list of top-15 chip suppliers for 2020, eight companies were headquartered in the United States, two each in South Korea, Taiwan and Europe, and one in Japan.