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Gartner forecasts worldwide semiconductor revenue to decline 11% in 2023 to $532 billion
Chinese JCET, TF Microelectronics, and HT Tech were in the top seven in 2021 and 2022 among the top 25 list of OSAT(Outsourced Semiconductor Assembly and Test ) semiconductor companies by revenue.
Chinese mainland companies’ semiconductor revenue in 2022 achieved $45.8 billion, down 0.5% from the previous year.
The top 10 global original equipment manufacturers (OEMs) decreased their chip spending by 7.6% and accounted for 37.2% of the total market in 2022, according to Gartner. Huawei has cut the most, ranking 7th among the top ten.
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