Fabless chipmaker HiSilicon ascended to the top-10 ranks of the global semiconductor industry in the first quarter of 2020, making it the first China-based company achieving such a distinction, according to IC Insights.

HiSilicon jumped up five spots in the ranking to 10th place with sales surging 54% on year in the first quarter of 2020, IC Insights indicated. HiSilicon is the semiconductor design division of Huawei, with over 90% of its sales going to the parent company.

Nvidia is the other new entrant into the top-10 ranking in the first quarter of 2020, IC Insights noted. Nvidia posted sales growth of 37% on year during the quarter.

Pure-play foundry TSMC is also among the top-10 sales leaders ranked by IC Insights in the first quarter. TSMC enjoyed a strong 45% increase in revenue compared to the same period in 2019, thanks mainly to a surge in sales generated from 7nm chip orders from Apple and HiSilicon, IC Insights said. HiSilicon has become an increasingly important customer of TSMC representing 14% of the foundry's sales in 2019, up from only 5% in 2017, IC Insights indicated. HiSilicon and Apple contributed a combined 37% to TSMC's total sales last year.

In total, the top-10 semiconductor companies' sales climbed 16% on year in the first quarter of 2020, more than twice the total worldwide semiconductor industry's 7% increase, according to IC Insights.

By: DocMemory
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