Insights has also supplied a ranking of the same 25 companies ranked by
annual growth (see figure 2 below). It is notable that lower order of
that ranking filled with companies that experienced a double-digit
percentage fall in sales includes a number of European and Japanese
It is notable that GlobalFoundries with a 31 percent
increase in sales and AMD with a 17 percent decline are at opposite ends
of that ranking in 2012. AMD was the original parent of Globalfoundries
and has been its primary customer. IC Insights interprets the success
as an indication that Globalfoundries has achieved success in attracting
additional IC foundry customers such as STMicroelectronics, Freescale,
Qualcomm and others.
The inclusion of foundries in such rankings
is contentious because it means that some sales are double counted –
from foundry to fabless chip company and then from fabless chip company
to customer. However, IC Insights said that in a forthcoming update to
The McClean Report, marketshare rankings of IC suppliers by product type
will also be presented and foundries are excluded from these rankings.
Click on image to enlarge.
2012 top 25 semiconductor companies by sales ranked by annual growth ($millions, including foundries).
IC foundries are included in the top 25 semiconductor supplier ranking because IC Insights has always viewed the ranking as a top supplier list, not as a marketshare ranking, and realizes that in some cases semiconductor sales are double counted. With many of our clients being vendors to the semiconductor industry (supplying equipment, chemicals, gases, etc.), excluding large IC manufacturers like the foundries would leave significant “holes” in the list of top semiconductor suppliers. Foundries and fabless companies are each clearly identified in the figure. In the April Update to The McClean Report, “marketshare” rankings of IC suppliers by product type are also presented and foundries are excluded from these rankings.
It should be noted that not all foundry sales should be excluded when attempting to create marketshare data. For example, although Samsung has a large amount of foundry sales, most of its sales are to Apple. Since Apple does not re-sell these devices, counting these foundry sales as Samsung semiconductor sales does not introduce double counting.
Overall, the list shown is provided as a guideline to identify which companies are the leading semiconductor suppliers, whether they are IDMs, fabless companies, or foundries.
Haha.. very valid question. I guess if you talk about chip sales, then you have to remove the fab revenue. But if you say " semiconductor supplier revenue" you can count both. Those analysts know how to play with words.