Table of Contents: lots of text here so use these links to skip the tedious scrolling.
Fabless chip designers:
NVDA:
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally.
The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
The Compute & Networking segment comprises Data Center computing platforms and end-to-end networking platforms, including Quantum for InfiniBand and Spectrum for Ethernet; NVIDIA DRIVE automated-driving platform and automotive development agreements; Jetson robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud software and services.
The company’s products are used in gaming, professional visualization, data center, and automotive markets.
It sells its products to original equipment manufacturers, original device manufacturers, system integrators and distributors, independent software vendors, cloud service providers, consumer internet companies, add-in board manufacturers, distributors, automotive manufacturers and tier-1 automotive suppliers, and other ecosystem participants.
NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.
Competitors: AMD, INTC, AVGO
5 Year CAGRs:
Sales: 39%
EBITDA: 53.3%
Net Income: 48.3%
Qualcomm:
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.
It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).
The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives.
The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors.
The company was incorporated in 1985 and is headquartered in San Diego, California.
Competitors: AVGO, AAPL, TXN, INTC
5 Year CAGRs:
Sales: 11.1%
EBITDA: 14.3%
Net Income: 30%
AMD:
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments.
The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
It provides processors under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, and AMD PRO A-Series brand names; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; and professional graphics under the AMD Radeon Pro graphics brand name.
In addition, the company offers data center graphics under the Radeon Instinct and Radeon PRO V-series brands, as well as servers under the AMD Instinct accelerators brand; server microprocessors under the AMD EPYC brands; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo brand.
It serves original equipment and design manufacturers, public cloud service providers, system integrators, independent distributors, and add-in-board manufacturers through its direct sales force, and sales representatives.
Advanced Micro Devices, Inc. was incorporated in 1969 and is headquartered in Santa Clara, California.
Competitors: NVDA, AVGO, TXN, INTC
5 Year CAGRs:
Sales: 28.5%
EBITDA: 44%
Net Income: 20.4%
AAPL:
Apple silicon refers to a series of system on a chip (SoC) and system in a package (SiP) processors designed by Apple Inc., mainly using the ARM architecture. They are the basis of Mac, iPhone, iPad, Apple TV, Apple Watch, AirPods, AirTag, HomePod, and Apple Vision Pro devices.
Apple announced its plan to switch Mac computers from Intel processors to Apple silicon at WWDC 2020 on June 22, 2020.[1][2] The first Macs built with the Apple M1 chip were unveiled on November 10, 2020. As of June 2023, the entire Mac lineup uses Apple silicon chips.
Apple fully controls the integration of Apple silicon chips with the company's hardware and software products. Johny Srouji is in charge of Apple's silicon design.[3] Manufacturing of the chips is outsourced to semiconductor contract manufacturers such as TSMC.
Competitors: Samsung, INTC, Huawei
5 Year CAGRs:
Sales: 8%
EBITDA: 10.3%
Net Income: 11.1%
AVGO:
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
The company operates in two segments, Semiconductor Solutions and Infrastructure Software.
It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices.
The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers.
Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays.
Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
Competitors: NVDA, QCOM, AMD, TXN
5 Year CAGRs:
Sales: 11.4%
EBITDA: 16%
Net Income: 2.8%
AMZN:
Amazon's chip division, under its cloud computing unit Amazon Web Services (AWS), has introduced two advanced custom computing chips: AWS Graviton4 and AWS Trainium2.
The Graviton4 chip is designed for a broad range of cloud workloads, offering significant improvements in compute performance, core count, and memory bandwidth over its predecessor, Graviton3, making it highly efficient for tasks like machine learning (ML) training and artificial intelligence (AI) applications.
On the other hand, Trainium2 targets the highest performance compute needs for training foundation models and large language models, boasting up to 4x faster training capabilities than the first-generation Trainium chips and improved energy efficiency.
These innovations highlight AWS's focus on delivering cutting-edge price performance and energy efficiency for its customers, competing against established chip manufacturers like Intel and Nvidia
GOOGLE:
Google's semiconductor division is actively involved in developing its own central processors for computers and smartphones, reflecting a broader trend among tech giants to create custom silicon solutions.
This initiative includes the development of processors for Google's notebook and tablet computers, as well as the Pixel smartphones.
The move towards in-house chip design allows Google to tailor its hardware for optimized performance and efficiency, particularly in terms of integrating software and hardware seamlessly.
Google's efforts are not limited to consumer products; they also encompass the development of specialized chips for their data centers, including AI chips optimized for Google's own AI models. This strategic direction towards custom chip development is indicative of Google's intent to leverage its significant semiconductor usage for gaining a competitive edge and fostering innovation within its vast ecosystem of products and services.
Competitors: Apple, NVDA, AMD
5 Year CAGRs:
Sales: 17.5%
EBITDA: 19.2%
Net Income: 19.1%
MPWR:
Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets.
The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment.
It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products.
The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally.
Monolithic Power Systems, Inc. was incorporated in 1997 and is based in Kirkland, Washington.
Competitors: CirrusLogic, ON, MRVL, Diodes, ADI
5 Year CAGRs:
Sales: 25.6%
EBITDA: 33%
Net Income: 32.3%
MaxLinear:
MaxLinear, Inc. provides communications systems-on-chip solutions worldwide.
Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.
The company’s products are used in various electronic devices, such as radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; optical transceivers targeting hyperscale data centers; Wi-Fi and wireline routers for home networking; broadband modems compliant with data over cable service interface specifications, passive optical fiber standards, and digital subscriber line, as well as power management and interface products.
It serves electronics distributors, module makers, original equipment manufacturers, and original design manufacturers through a direct sales force, third-party sales representatives, and a network of distributors.
The company was incorporated in 2003 and is headquartered in Carlsbad, California.
5 Year CAGRs:
Sales: 12.%
EBITDA: -6.7%
Marvell:
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge.
The company develops, scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; custom application specific integrated circuits; and System-on-a-Chip solutions.
The company also provides electro-optical products, including pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions; fibre channel products comprising host bus adapters and controllers; single or multiple core processors; storage controllers for hard disk drives and solid-state-drives; and host system interfaces, including serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics.
It has operations in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam.
Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
Competitors: SWKS, AMD, MCHP, AVGO
5 Year CAGRs;
Sales: 15%
EBITDA: 9.5%
MediaTek:
MediaTek Inc. engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.
It also provides computer peripherals oriented, consumer-oriented, and other ICs for various applications.
In addition, the company offers design, test runs, maintenance and repair, and technological consultation services for software and hardware solutions; and sale and delegation patents and circuit layout rights for its ICs products.
In addition, it provides research, marketing, and technical services; intellectual property right management services; and general investing services.
MediaTek Inc. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.
Competitors: Realtek, Novatek
5 Year CAGRs:
Sales: 12.7%
EBITDA: 30.8%
Net Income: 30%
Microsoft:
Microsoft's semiconductor division is actively involved in developing custom-designed computing chips, focusing on enhancing AI computing tasks and cloud services.
They introduced the Maia chip to accelerate AI tasks and underpin services like Azure OpenAI, reflecting their strategic move towards optimizing their cloud and AI services for better performance and cost-efficiency.
Additionally, Microsoft introduced the Cobalt CPU, built on Arm architecture, aimed at improving efficiency and performance in cloud services. These initiatives are part of Microsoft's broader strategy to integrate custom silicon with their software offerings, providing tailored solutions from silicon to service to meet growing AI demands.
This approach aligns with their goal of maximizing the performance and sustainability of their data centers, ensuring their infrastructure is optimized for current and future AI workloads.
AlphaWave Semi:
Alphawave Semi is a global leader in high-speed connectivity solutions, focusing on the world's technology infrastructure.
Their offerings include a range of Silicon IP, such as SerDes PHYs for speeds ranging from 1G to 224G, PCIe PHYs, UCIe Die-to-Die PHYs, and HBM PHYs, along with Controller IP for Ethernet, multi-protocol, PCIe/CXL, Telco/OTN, UCIe Die-to-Die, and HBM controllers. They also provide subsystems for Ethernet, PCIe/CXL, UCIe D2D, and HBM, as well as AES IP.
Additionally, Alphawave Semi specializes in chiplets, including IO, accelerator, and memory chiplets, and offers custom silicon solutions covering the entire design and manufacturing process.
Their products are designed to meet the demands of data-intensive applications such as AI and data center operations, providing high performance, flexibility, and scalability.
This portfolio positions Alphawave Semi as a player in enabling faster, more reliable data transmission with higher performance at lower power across various sectors, including data centers, compute, networking, AI, 5G, autonomous vehicles, and storage.
Competitors: Credo, Rambus, Nordic Semi, MRVL, AVGO
5 Year CAGRs:
Sales: 114%
EBITDA: 62%
Credo Technologies:
Credo Technology Group Holding Ltd provides various high-speed connectivCredo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally.
Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. The company also offers intellectual property solutions consist of SerDes IP licensing.
It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets.
The company was founded in 2008 and is headquartered in San Jose, California.ity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally.
Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing.
The company was founded in 2008 and is headquartered in San Jose, California.
Atom Semi:
Atom Semiconductor specializes in developing high-performance analog chips for advanced consumer and industrial IoT systems. Their product lineup includes integrated digital sensor chips and high-performance analog-to-digital conversion (ADC) chips, catering to the needs of state-of-the-art IoT applications.
Huawei (HiSilicon):
Huawei's semiconductor division, through its investment subsidiary, has acquired 40 companies in three years to rebuild its semiconductor supply chain, covering various segments including IC design, electronic design automation software, packaging, testing, and materials. This strategic move aims to establish an independent and controllable silicon industrial capability amidst challenges in the global supply chain.
HiSilicon, a subsidiary of Huawei, is a fabless semiconductor company based in Shenzhen, China. It specializes in designing integrated circuits and is known for purchasing CPU and graphics core licenses from ARM Holdings. HiSilicon is recognized as the largest domestic integrated circuit designer in China. Following the imposition of US restrictions in 2020, Huawei announced the discontinuation of its Kirin chipset production, but in 2023, it introduced the Kirin 9000S, a fully domestically fabricated chip used in its latest devices
RMBS:
Rambus Inc. provides semiconductor products in the United States, South Korea, Singapore, and internationally.
The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP comprising, interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.
It also provides a portfolios of security IP solutions, including crypto cores, hardware roots of trust, high-speed protocol engines, and chip provisioning technologies; and portfolio of patents that covers memory architecture, high-speed serial links, and security products.
It markets its products and services through its direct sales force and distributors.
Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
5 Year Sales CAGR: 14.8%
HiMax:
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.
The company operates in two segments, Driver IC and Non-Driver Products.
It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices.
The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; active matrix organic light-emitting diode ICs; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry.
In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power WiseEye smart image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, artificial intelligence and Internet of Things (AIoT), etc.
The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses or end customers; and non-driver products to camera module manufacturers, optical engine manufacturers, television/AIoT system manufacturers, and various AIoT system integration companies.
Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.
Competitors: NovaTek, RealTek
5 Year CAGRs:
Sales: 5.5%
EBITDA: 21.5%
Net Income: 42.6%
SiliconLabs:
Silicon Laboratories Inc., a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally.
The company’s products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools.
The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors.
Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.
Competitors: LSCC, MRVL, MTSI
Cirrus Logic:
Cirrus Logic, Inc., a fabless semiconductor company, develops low-power, high-precision mixed-signal processing solutions in China, the United States, and internationally.
The company offers audio products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processing; boosted amplifiers; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation.
Its audio products are used in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.
It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration.
The company markets and sells its products through direct sales force, external sales representatives, and distributors.
Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
Competitors: ADI, MPWR, MRVL, TXN
5 Year CAGRs:
Sales: 7.5%
EBITDA: 14.4%
Net Income: 12.9%
Nordic Semi:
Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia/Pacific. The company offers bluetooth and multiprotocol Systems-on-Chip (SoCs) that provides short-range connectivity; and Systems-in-Package (SiPs), which offers connectivity on long-range LTE-M and NB-IoT cellular networks. It also provides nRF9160 SiP low power cellular IoT device, nRF Cloud solution, nRF Connect software development kit, and third-party cellular modules; DECT NR+, a non-cellular radio standard; nRF7002 Wi-Fi companion ICs; and nRF52840 and nRF5340 multiprotocol SoCs.
In addition, the company offers Bluetooth mesh; Bluetooth direction finding solution; Bluetooth Low Energy SoCs; Bluetooth LE audio products; Matter, a Connected Home over IP solution; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; pre-certified development modules and modems; and range extenders.
Further, it provides built-in power management on SoCs and dedicated power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, nPM6001 PMIC, nPM1100 EK, and Power Profiler Kit II; Device-to-nRF Cloud and Cloud-to-nRF Cloud solutions; and application specific integrated circuits and related consulting services.
The company’s products are used in various applications, such as automotive, beacon, computer peripherals, connected health, connected home, education, industrial automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables.
Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.
Competitors: LSCC, MCHP, TXN
Sales: 14.9%
EBITDA: 2.6%
Net Income: -2.9%
Indie Semi:
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, rest of Asia Pacific, and Europe.
It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring.
The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go.
In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics.
The company was founded in 2007 and is headquartered in Aliso Viejo, California.
Competitors: SITime, Ambarella, MPWR
5 Year Sales CAGR: 50%
NovaTek:
Novatek Microelectronics Corp. engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications in Taiwan, Asia, and internationally.
The company provides display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablet PCs, automotive display screens, smart phones, and wearable products; and system on chips products for digital and smart TVs, notebook computers, desktop monitors, smart phones, wearable products, mobile phones, tablet PCs, camera modules, dashcam recording, IP cams, and car backup camera modules applications.
It is involved in the trading and consulting services; offers electronic spare parts; and provision of design, development, amendment, testing, and related consulting services for multimedia VLSI software and semiconductor application software.
Novatek Microelectronics Corp. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.
Sales: 15%
EBITDa: 28%
Net Income: 29%
RealTek:
Realtek Semiconductor Corp., together with its subsidiaries, engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.
It provides communications network ICs, including broadband access controllers, gateway controllers, digital home centers, gigabit ethernet, switch controllers, wireless LAN ICs, and DTV demodulators, as well as Bluetooth, GNSS, and Internet of Things products.
The company also offers computer peripheral ICs, such as PC audio codecs, consumer audio codecs, card reader solutions, class-D audio amplifiers, PC camera controllers, type-C PD controllers, and USB hubs; and multimedia ICs.
In addition, it engages in the manufacture and installation of computer equipment; wholesale, retail, and related service of electronic materials and information/software; and provision of information and technical support services.
The company was incorporated in 1987 and is headquartered in Hsinchu, Taiwan.
Sales, EBITDA, NI: 16%, 15%, 17.5%
Ingenic Semi:
Ingenic Semiconductor Co.,Ltd. engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.
It offers low power image recognition, multi-core heterogeneous crossover, low-power AIoT, and ultra-low-power IoT micro-processors; and AI video processor, video and AI vision application processor, professional security backend processor, and balanced video processor.
The company offers memory chips, and analog and interconnection chips, as well as CPU, VPU, AI engine, and image signal processor technologies. Its products are used in automotive electronics, industrial and medical, communication equipment, consumer electronics, and other fields.
The company was founded in 2005 and is headquartered in Beijing, China.
Competitors: Macronix, Giga Device Semi, Rockchip
Sitronix:
Sitronix Technology Corporation, a fabless semiconductor company, offers display driver integrated circuits (ICs).
It offers industrial display driver ICs, automotive display driver ICs, projected capacitive touch controller ICs, and medium-size TFT-LCD driver ICs, as well as alternator regulators.
The company also provides AIoT device display driver chip solutions for smart home, medical, and wearable mobile device applications.
It sells its products in Africa, Latin America, Southeast Asia, and other regions.
Sitronix Technology Corporation was incorporated in 1992 and is headquartered in Zhubei City, Taiwan.
Sales, EBITDA, NetIncome: 10%, 18.5%, 15%
SiTime:
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally.
The company provides resonators and clock integrated circuits, and various types of oscillators.
Its serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense.
The company sells its products directly to customers, distributors, and resellers.
SiTime Corporation was incorporated in 2003 and is based in Santa Clara, California.
5 Year Sales CAGR: 11%
Fabless Financials Summary (column metric averages at bottom).
IDMS
Intel:
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide.
It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments.
The company’s products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
It also offers silicon devices and software products; and optimization solutions for workloads, such as AI, cryptography, security, storage, networking, and leverages various features supporting diverse compute environments.
In addition, the company develops and deploys advanced driver assistance systems (ADAS), and autonomous driving technologies and solutions; and provides advanced process technologies backed by an ecosystem of IP, EDA, and design services, as well as systems of chips, including advanced packaging technologies, software and accelerate bring-up, and integration of chips and driving standards.
Further, it delivers and deploys intelligent edge platforms that allow developers to achieve agility and drive automation using AI for efficient operations with data integrity, as well as provides hardware and software platforms, tools, and ecosystem partnerships for digital transformation from the cloud to edge.
The company serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers.
It has a strategic agreement with Synopsys, Inc. to develop EDA and IP solutions; and ARM that enables chip designers to build optimized compute SoCs on the Intel 18A process.
Intel Corporation was incorporated in 1968 and is headquartered in Santa Clara, California.
Competitors: TSMC, Samsung, NVDA, AMD, AVGO
5 Year CAGRs
Sales EBITDA Net Income
-5.2% -21.5% -39.6%
Samsung:
Samsung Electronics Co., Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide.
The company offers smartphones, tablets, watches, and accessories; TVs, projectors, and sound devices; home appliances, including refrigerators, washing machines and dryers, vacuum cleaners, cooking appliances, dishwashers, air conditioners, and air purifiers; monitors and memory storage products; displays, and smart and LED signages; and other accessories.
It also engages in venture capital investments, cloud services, network devices installation, semiconductor equipment maintenance services, digital advertising platforms, marketing, consulting, connected services, logistics, financing, and software design activities; toll processing of display panels and semiconductors; development and sale of network solutions;
manufactures semiconductors and food; provision of repair services for electronic devices; and development and supply of semiconductor process defect and quality control software, as well as digital televisions, foundry, system large scale integration, connected car systems, audio and visual products, enterprise automation solutions, and connected services.
Samsung Electronics Co., Ltd. was incorporated in 1969 and is based in Suwon, South Korea.
Competitors:
Apple, SK Hynix, Micron, TSMC, INTC
SK Hynix:
SK hynix Inc., together with its subsidiaries, manufactures, distributes, and sells semiconductor products in Korea, China, rest of Asia, the United States, and Europe.
The company offers DRAM, NAND storage products, SSD, MCP, and CMOS image sensors for server, networking, mobile, personal computer, consumer, and automotive applications.
The company was formerly known as Hynix Semiconductor Inc. and changed its name to SK hynix, Inc. in March 2012. SK hynix, Inc. was founded in 1949 and is headquartered in Icheon-si, South Korea.
Competitors: MU, Samsung, INTC
Micron:
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide.
The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.
It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets.
It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners.
Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Competitors: Samsung, SK Hynix, INTC
5 Year CAGRs:
Sales: -12.5%
EBITDA: - 42%
Analog Devices:
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides:
data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets;
power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.
It also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure;
micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators.
In addition, the company provides digital signal processing and system products for numeric calculations.
It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online.
Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
Competitors: TXN, ON, MU, ADI, MCHP, AMD
5 Year CAGRs
Sales EBITDA Net Income
14.60% 17.80% 17%
Texas Instruments:
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally.
The company operates through Analog and Embedded Processing segments.
The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.
This segment provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control, including amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products.
The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity.
This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. It provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits.
The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.
Competitors: AMD, QCOM, AVGO, ADI, MU
5 Year CAGRs
Sales EBITDA Net Income
2.10% 2.30% 3.10%
ST Micro:
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.
The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products.
The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions.
The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; and radio frequency (RF) products.
It also offers application-specific standard products for analog, digital and mixed-signal applications. In addition, the company provides assembly and other services. It sells its products through distributors and retailers, as well as through sales representatives.
The company serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets.
STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.
Competitors:
5 Year CAGRs: NXPI, TXN, MU, IFINNY
Sales: 12.33%
EBITDA: 23%
Net Income: 26.7%
Infineon:
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide.
Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.
The company’s Green Industrial Power segment provides bare dies, discrete IGBTs, and driver ICs; SiC diodes, MOSFETs, and modules; and IGBT modules for home appliances, industrial drives, industrial power supplies, industrial robotics, industrial vehicles, and traction, as well as for energy generation, storage, and transmission.
Its Power & Sensor Systems segment offers chips for gas and pressure sensors, and MEMS microphones; 3D ToF sensors; control ICs; discrete low-, mid-, and high-voltage power MOSFET; customized chips; GaN power switches; GPS low-noise amplifiers; low-voltage and high-voltage driver ICs; radar sensor ICs; RF antenna switches and power transistors; transient voltage suppressor diodes; SiC diode and MOSFETs; and USB controllers for use in audio amplifiers, automotive electronics, BLDC motors, cellular communications infrastructure, electric vehicle charging stations, human machine interaction, IoT, LED and conventional lighting systems, microinverter, mobile devices, power management, and special applications.
The company’s Connected Secure Systems segment provides connectivity solutions, embedded security controllers, microcontrollers, and security controllers for authentication, automotive, consumer electronics, government identification document, IoT, mobile communication, payment system, ticketing, access control, and computing applications.
Infineon Technologies AG was founded in 1999 and is headquartered in Neubiberg, Germany.
Competitors: TXN, NXP, STMicro
5 Year CAGRs:
Sales: 15.5%
EBITDA: 20%
NetIncome: 21%
NXP:
NXP Semiconductors N.V. offers various semiconductor products.
The company’s product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers,
as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.
The company's products are used in various applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure.
The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors.
It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Taiwan, and internationally.
The company was formerly known as KASLION Acquisition B.V and changed its name to NXP Semiconductors N.V. in May 2010. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
Competitors: TXN, MCHP, ADI, AVGO, AMD
5 Year CAGRs
Sales EBITDA Net Income
7.1% 12.6% 4.8%
OnSemi:
ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally.
The company operates through Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems.
In addition, the company offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, includes power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions.
Further, it designs and develops analog, mixed-signal, power management ICs and sensor interface devices for automotive, industrial, compute and mobile markets.
Additionally, the company offers single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in the different end-markets.
ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.
Competitors: TXN, ADI, MRVL, MCHP
5 Year CAGRs
Sales EBITDA Net Income
7% 18.60% 28.30%
Skyworks Solutions:
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.
Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.
The company products are the used in aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets.
It sells its products through direct sales force, electronic component distributors, and independent sales representatives.
Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California.
Competitors: MRVL, QRVO, MCHP, ON
5 Year CAGRs
Sales: 4.16%
EBITDA: -2%
Net Income: -4.4%
Microchip:
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.
The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.
It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products.
In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices;
and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services.
Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products.
Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
Competitors: MRVL, AMD, ON, MU
5 Year CAGRs
Sales EBITDA Net Income
11.20% 16.50% 48.30%
Renesas:
Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments.
It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency translation, and crystal oscillator, and VersaClock programmable clocks.
The company also provides buffers, haptic drivers, data compression, industrial Ethernet, IO-link line driver, memory interface, optical interconnect, photocouplers/optocouplers, power line communication, signal integrity, telecom datacom and interface, USB switches and hubs, and wireless connectivity products. In addition, it offers bus switches, first-in, first-out, memory interface, multi-port and SRAMs, non-volatile memory, and standard logic products; and AC/DC & isolated DC/DC converters, battery management, DC converters, digital power, discrete power devices, linear regulators, FET and motor drivers, multi-channel power management ICs, LED backlight drivers, solid state lighting, USB type-C, USB power delivery, and rapid charge, voltage references, and wireless power.
Further, the company provides Automotive Radar Sensors, Industrial Radar Sensors, modulators and demodulators, phased array beamformers, transistor arrays, and variable gain amplifiers, as well as RF amplifiers, attenuators, mixers, switches, and synthesizers; and environmental, flow, industrial radar, optical, position, and automotive sensor products, as well as senor signal conditioners products.
Additionally, it offers space and harsh environment products and wireless connectivity products.
Renesas Electronics Corporation was incorporated in 2002 and is headquartered in Tokyo, Japan.
Competitors: GFS, ROHM, ADI
5 Year CAGRs
Sales: 14.2%
EBITDA: 28%
Net Income: 45%
Wolfspeed:
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally.
It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications.
The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications.
In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications.
The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.
Competitors: SLAB, ON, MTSI
5 Year CAGRs:
Qorvo:
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets.
It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG).
The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.
The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points.
The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers.
The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors.
It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.
Competitors: ON, SWKS, MCHP, MRVL
5 Year CAGRs:
Sales: 2.4%
EBITDA: -11.8%
Kioxia:
Kioxia, formerly known as Toshiba Memory Corporation, is a global leader in memory solutions, particularly in the development and production of NAND flash memory and solid-state drives (SSDs).
They are renowned for inventing the world's first NAND flash memory in 1987, a pivotal innovation in non-volatile memory technology. This technology is now widely used across various applications, from digital devices like smartphones to data centers, becoming an essential component in the modern information society.
Kioxia's product portfolio includes their proprietary 3D flash memory technology, BiCS FLASH™, which offers enhanced storage capacity and performance. The company's commitment to technological innovation and its extensive range of memory products cater to diverse customer needs, from personal electronics to enterprise storage solutions.
Bosch Semi:
Bosch's semiconductor division focuses on manufacturing a variety of chips and components essential for a wide range of applications. Some of the key products include:
MEMS (Micro-Electro-Mechanical Systems) Sensors: These sensors are used in various applications, including automotive systems like restraint and vehicle dynamics, as well as consumer electronics and industrial applications.
System ICs (Integrated Circuits): Bosch produces integrated circuits for automotive systems, including power management for radar and video systems, powertrain, and networking.
Power Semiconductors and Modules: These components are crucial for managing power in electronic systems, especially in automotive applications such as electric and hybrid vehicles.
Silicon Carbide (SiC) Chips: Bosch has been mass-producing SiC chips since the end of 2021, primarily for the electric and hybrid vehicle markets. SiC chips are used in power electronics to improve the efficiency and range of electric vehicles.
Gallium Nitride (GaN) Chips: Bosch is exploring the development of GaN-based chips for electromobility applications. GaN chips are known for their efficiency and are already used in chargers for laptops and smartphones. Bosch is working on making these chips more robust and suitable for high-voltage applications in vehicles.
These semiconductor products by Bosch play critical roles in advancing technology in the automotive sector, consumer electronics, and other industries, contributing to innovations in mobility, the Internet of Things (IoT), and beyond.
Rohm:
ROHM Co., Ltd. manufactures and sells electronic components worldwide.
The company operates through three segments: LSI, Semiconductor Devices, and Modules.
It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.
The company also offers discrete semiconductor products, such as MOSFETs, bipolar transistors, and diodes; power devices, including power transistors and diodes, SiC power devices, IGBT, and IPM; modules, including optical modules, wireless communication modules, wireless charger modules, and print heads; and opto devices comprising LEDs, LED displays, laser diodes, and optical sensors, as well as foundry services, including thin-film piezoelectric MEMS, wafers, and WL-CSP.
Its products are used in industry, automotive, consumer electronics, and telecommunications applications. The company was incorporated in 1940 and is headquartered in Kyoto, Japan.
Competitors: Renesas, WillSemi
5 Year CAGRs:
Sales: 3.2%
EBITDA: 2.7%
Net Income: 4.4%
Diodes:
Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide.
It serves the industrial, automotive, computing, communications, and consumer markets through direct sales, marketing personnel, independent sales representatives, and distributors. The company was incorporated in 1959 and is headquartered in Plano, Texas.
Competitors: Cirrus Logic, MPWR, WOLF
5 Year CAGRs:
Sales: 6.5%
EBITDA: 8.4%
Net Income: 16.9%
Macom Technology Solutions:
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.
The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, high-capacity optical networks, radar, and medical systems and test and measurement applications.
The company serves various markets comprising telecommunication that includes carrier infrastructure, which comprise long-haul/metro, 5G, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers.
It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.
Comp: MXL, ADI
5 Year CAGRs:
Sales EBITDA
1.2%. 24.7%
Murata Manufacturing:
Murata Manufacturing Co., Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Devices and Modules, and Others segments.
The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.
It also provides silver oxide battery; and Femtet, a CAE software that solves various engineering challenges. The company offers its products for use in communications equipment, mobility, enterprise system, industrial, healthcare and medical, and personal electronics applications.
Murata Manufacturing Co., Ltd. was founded in 1944 and is headquartered in Nagaokakyo, Japan.
Sales: 0.5%
EBITDA: 2%
Net Income: 2.2%
IDM Financial Summary:
Foundries
TSMC:
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.
It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.
The company also offers customer support and engineering services, as well as manufactures masks.
Its products are used in high performance computing, smartphone, Internet of things, automotive, and digital consumer electronics.
The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
Competitors: INTC, Samsung, GlobalFoundries, SMIC, UMC
5 Year CAGRs:
Sales: 16%
EBITDA: 16.5%
Net Income: 18.2%
Samsung Foundry:
Samsung Foundry, a division of Samsung Semiconductor, specializes in manufacturing system semiconductors for a wide range of customers, aiming to be a 'Total Foundry' by leveraging state-of-the-art process technologies and providing comprehensive solutions.
Their offerings include advanced process technologies such as 28FD-SOI, 14/10/8/5/4nm FinFET, and the cutting-edge 3nm GAA with EUV technology starting from 5nm. In addition to process technologies, Samsung Foundry also delivers application-specific technologies like RF, eNVM, high voltage, BCD, CMOS image sensors, and fingerprint sensors.
Complementing their process technology, they provide integrated package solutions, including 3D/2.5D packaging, and support a full range of verified EDA/DM solutions, proven IPs, and a comprehensive ASIC design service through their SAFE™ program.
GlobalFoundries:
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies.
The company was founded in 2009 and formerly was the manufacturing wing of AMD. The company is based in Malta, New York.
SMIC:
Semiconductor Manufacturing International Corporation (SMIC) is a partially state-owned publicly listed Chinese pure-play semiconductor foundry company. It is the largest contract chip maker in mainland China. SMIC is headquartered in Shanghai and incorporated in the Cayman Islands. It has wafer fabrication sites throughout mainland China, offices in the United States, Italy, Japan, and Taiwan, and a representative office in Hong Kong. It provides integrated circuit (IC) manufacturing services from 350 nm to 7 nm process technologies.
UMC:
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally.
The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services.
It serves fabless design companies and integrated device manufacturers.
The company was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
Tower Semi:
Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally.
It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.
The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies.
It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products.
The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
Skywater Technologies:
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development and manufacturing services.
The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, micro-electromechanical systems, and rad-hard integrated circuits.
It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries.
The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.
CanSemi:
CanSemi Technology Inc. is a local independent & innovative enterprise in Guangdong Province, which is also the only 300mm fab that has entered mass production in Guangdong Province. It launched into customized foundry business mode, adhered to the market demand-oriented & product-centricity, defined differentiated technology platforms, and focused on application fields such as the Internet of Things, automotive electronics, industrial control, and 5G. Committed to meeting the demand for domestic chip manufacturing and helping Guangdong build the third pillar of Chinese integrated circuits.
Nexchip:
Nexchip Semiconductor Corporation designs and manufactures integrated circuits. The company was founded in 2015 and is based in Hefei, China.
GTA Semi:
GTA Semiconductor Co., Ltd. is one of the leading manufacturing foundries specializing in automotive IC. The company is dedicated to supporting global partners to form a sound semiconductor ecosystem with the significant implication of “ Grain by grain, pile of sand builds a tower. Step by step, mission is bound to be reached”. Today, the company has two manufacturing facilities in Shanghai Pilot Free Trade Zone Lin-Gang Special Area and Xuhui District located in the metropolitan area of Shanghai. The total output of capacity is 280,000 pieces per month (equivalent to 200mm) , including 70,000 150mm wafers per month, 110,000 200mm wafers per month, 43,000 300mm wafers per month (under construction).
The company has decades of manufacturing experience as an automotive IC foundry with the quality engineering and assurance system. The company with the international R&D team provides customers a full spectrum of technology process platforms and portfolios for manufacturing Micro-Controller, Analog IC, discrete power devices and MEMS in the application fields of automotive, industrial and high-end consumer electronics.
Foundry Financials Summary:
Manufacturing Equipment Makers:
ASML:
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems.
The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
In addition, it offers metrology and inspection systems, including YieldStar optical metrology systems to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects.
Further, the company provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services.
It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States.
The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Competitors: none
5 Year CAGRs:
Sales: 20%
EBITDA: 23.4%
Net Income: 24.8%
AMAT:
Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.
The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets.
The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools.
The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products.
The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices.
It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California.
Competitors: LRCX, TOELY, KLA
5 Year CAGRs
Sales: 10.3%
EBITDA: 12%
Net Income: 14.5%
Lam Research:
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.
The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.
It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes.
Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing.
The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally.
The company was incorporated in 1980 and is headquartered in Fremont, California.
Competitors: AMAT, KLA, ENTG
5 Year CAGRs:
Sales: 5.66%
EBITDA: 5.3%
Net Income: 3.6%
KLA:
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.
It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection.
The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; Wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; chemical process control equipment; wired and wireless sensor wafers and reticles; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk.
It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry.
In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets.
The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Competitors: LRCX, AMAT, AMKR, TOELY
5 Year CAGRs:
Sales: 17.6%
EBITDA: 17.7%
Net Income: 13.8%
Tokyo Electron:
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally.
The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.
It also provides plasma etch/ash systems for use in the manufacture of FPDs, as well as inkjet printing systems for manufacturing OLED displays.
In addition, the company offers delivery, facility management, and non-life insurance services; sells semiconductor products, board computer products, software, and other electronic components; sells and supports network/storage/middleware related solutions; and develops, manufactures, and sells magnetic annealing systems.
Tokyo Electron Limited was incorporated in 1951 and is headquartered in Tokyo, Japan.
5 Year CAGRs:
Sales: 7%
EBITDA: 7.5%
Net Income: 6.8%
Canon:
Canon’s Industrial Business segment provides semiconductor lithography equipment, FPD lithography equipment, OLED display manufacturing equipment, vacuum thin-film deposition equipment, and die bonders. It also provides maintenance services.
The company sells its products under the Canon brand through subsidiaries to retail dealers.
Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.
5 Year CAGRs:
Sales: 1.1%,
EBITDA: 0.1%
Net Income: 0.94%
BESI:
BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries worldwide.
The company’s principal products include die attach equipment, such as single chip, multi-chip, multi module, flip chip, thermal compression bonding, fan out wafer level packaging, hybrid and embedded bridge die bonding, and die sorting systems; and packaging equipment, including conventional, ultra-thin, and wafer level molding, as well as trim and form, and singulation systems.
Its principal products also comprise plating equipment, such as tin, copper, and precious metal and solar plating systems, as well as related process chemicals; and tooling, conversion kits, spare parts, and other services.
The company’s principal brand names include Datacon, Esec, Fico, and Meco.
It offers its products primarily to multinational chip manufacturers, assembly subcontractors, and electronics and industrial companies.
The company was incorporated in 1995 and is headquartered in Duiven, the Netherlands.
5 Year CAGRs:
Sales: 2%
EBITDA: 4.75%
Net Income: 5.4%
Lasertec:
Lasertec Corporation engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.
The company offers semiconductor related products, which includes mask related systems for extreme ultraviolet and deep ultraviolet solutions, and wafers inspection and review systems; and FPD photomask inspection systems.
It also provides laser microscopes, electro-chemical reaction visualizing confocal, and coating thickness scanning system; and in-situ observation at ultra high temperature confocal scanning laser microscope.
The company was formerly known as NJS Corporation and changed its name to Lasertec Corporation in 1986. Lasertec Corporation was founded in 1960 and is headquartered in Yokohama, Japan.
Competition: TOELY, Advantest, Screen
5 Year CAGRs:
Sales: 47.5%
EBITDA: 58%
Net Income: 56.7%
ACMR:
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide.
It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating.
The company markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives.
ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
Competitors: VECO, FORM, KLIC, ACLS
5 Year CAGRs:
Sales: 49.5%
EBITDA: 72%
Net Income: 63.7%
Veeco:
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally.
The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.
Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices.
In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities.
Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
5 Year CAGRs:
Sales: 4.2%
EBITDA: 35%
FormFactor:
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.
It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices, as well as computer processor devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.
It also provides probe systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems.
In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services.
It markets and sells its products through direct sales force, manufacturers’ representatives, and distributors.
The company was incorporated in 1993 and is headquartered in Livermore, California.
Competitors: COHU, KLIC, ONTO, TER, BESI
5 Year CAGRs:
Sales: 4.6%
EBITDA: -9%
Net Income: -4.5%
KLIC:
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices.
It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS).
The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment. It also services, maintains, repairs, and upgrades equipment.
The company serves semiconductor device manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, industrial manufacturers, foundry service providers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region.
The company was founded in 1951 and is headquartered in Fort Washington, Pennsylvania.
Competitors: COHU, FORM, ONTO, BESI, ENTG
5 Year CAGRs:
Sales: -2.4%
EBITDA: -12.6%
Net Income: -17.2%
Nikon:
Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally.
The Precision Equipment Business segment offers FPD lithography systems and semiconductor lithography systems.
The Components Business segment offers optical components, optical parts, encoders, and material processing products and services; EUV-related components and space-related solutions; and photomask substrates for FPDs.
The Industrial equipment and Others segment provides industrial microscopes, non-contact 3D metrology systems, measuring instruments, X-ray/CT inspection systems, and surveying instruments.
In addition, it sells used equipment; provides maintenance services for FPD/semiconductor lithography systems; sells and services cameras, microscopes, measuring instruments, and X-ray inspection equipment; and develops and supports computer software.
Further, the company is involved in the procurement, logistics, and welfare activities; development, manufacturing, and testing services for eyeglass and lenses; and assembly of camera units.
Nikon Corporation was incorporated in 1917 and is headquartered in Minato, Japan.
Onto Innovation:
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology.
The company offers lithography systems and process control analytical software.
It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.
In addition, the company provides process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites.
Further, it engages in systems software, spare parts, and other services, as well as offers software licensing services.
The company’s products are used in semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; analog device; RF filter; data storage; and various industrial and scientific applications.
Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.
Competitors: VECO, FORM, KLIC, COHU
5 Year CAGRs:
Sales: 24.4%
EBITDA: 26%
Net Income: 21.8%
PVA TePla AG, together with its subsidiaries, develops and produces systems in areas of renewable energies, semiconductors, e-mobility, medical technology, and aviation worldwide.
It operates through two segments, Semiconductor Systems and Industrial Systems.
The Semiconductor Systems segment provides solutions and systems for the semiconductor industry, including crystal growing systems, metrology systems for quality control, and plasma systems for removing surface contamination on wafers.
The Industrial Systems segment offers solutions and systems for the production, finishing, and inspection of innovative materials; surface treatment; and cleaning and inspection, as well as monitoring production processes configured primarily for the needs and requirements of other industrial areas, such as the medical, electrical, or tool industries.
The company also provides services comprising product and process development, soldering, welding, and heat treatment.
PVA TePla AG was founded in 1977 and is headquartered in Wettenberg, Germany.
5 Year CAGRs:
Sales: 23.8%
EBITDA: 30.3%
Net Income: 23.8%
AIXTRON
AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas.
The company also engages development of deposition processes, such as equipment, consulting and training, customer support, and service for equipment, as well as peripheral equipment and services.
It supplies deposition equipment for volume production, research and development of equipment, and pre-series productions.
In addition, the company’s technology solutions are used to build components for electronic and opto-electronic applications based on compound, silicon, and organic semiconductor materials, which are used in fiber optic communication systems, wireless and mobile telephony, optical and electronic storage devices, computing, signaling, and lighting displays application, as well as edge technologies.
AIXTRON SE was founded in 1983 and is headquartered in Herzogenrath, Germany.
Competition: AMAT, LRCX
5 Year CAGRs:
Sales EBITDA Net Income
18.6% 25.8% 25.9%
COHU:
Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally.
The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.
It also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, and MEMS and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products.
In addition, the company offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control.
It markets its products through direct sales force and independent sales representatives.
The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. The company was incorporated in 1947 and is headquartered in Poway, California.
5 Year CAGRs:
Sales: 7%
EBITDA: 23.3%
UltraClean:
Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally.
The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.
It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies.
In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning.
It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries.
Ultra Clean Holdings, Inc. was founded in 1991 and is headquartered in Hayward, California.
Competitors: ACLS, FORM, ENTG, KLIC
5 Year CAGRs:
Sales: 9.6%
EBITDA: 4.6%
DISCO:
Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.
Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws.
The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.
In addition, it is involved in the disassembly and recycling of precision cutting, grinding, and polishing machines, as well as provides training services for the maintenance and operation of its products. Further, the company leases precision machines; and purchases and sells used machines. Additionally, it manufactures precision diamond abrasive tools, as well as offers chargeable processing services.
The company was founded in 1937 and is headquartered in Tokyo, Japan.
Competitors: Advantest, Lasertec
5 Year CAGRs:
Sales: 12.8%
EBITDA: 20%
Net Income: 18%
Axcelis
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific.
The company offers high energy, high current, and medium current implanters for various application requirements.
It also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training.
It sells its equipment and services to semiconductor chip manufacturers through its direct sales force.
The company was founded in 1978 and is headquartered in Beverly, Massachusetts.
Competitors: UCTT, ONTO, FORM
Sales: 20.6%
EBITDA: 34%
Net Income: 40%
Inficon:
INFICON Holding AG develops instruments for gas analysis, measurement, and control in the Switzerland and internationally.
Its analysis, measurement, and control products are used for gas leak detection in air conditioning, refrigeration, and automotive manufacturing; and for equipment manufacturers and end-users in the fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells, LED lighting, and industrial vacuum coating applications.
The company’s products are also used in the life sciences, research, aerospace, food and general packaging, heat treatment, laser cutting, oil and gas transportation and processing, alternative energy, utilities, and other industrial processes.
INFICON Holding AG was founded in 2000 and is headquartered in Bad Ragaz, Switzerland.
Sales: 9.25%
EBITDA: 7.9%
Net Income: 6.6%
Entegris:
Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia.
It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
The MC segment solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries; integrated circuit chemical mechanical polishing solutions, high-performance etch and clean chemistries, gases and materials, and safe and materials delivery systems.
The MS segment provides materials-based solutions, such as chemical mechanical planarization slurries, pads, deposition materials, process chemistries and gases, formulated cleans, etchants, and other specialty materials.
The Advanced Materials Handling segment develops solutions for customers’ yields by protecting critical materials during manufacturing, transportation, and storage, which include monitor, protect, transport and deliver critical liquid chemistries, wafers, and other substrates for semiconductor, life sciences and other high-technology industries.
The company’s customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems.
It serves manufacturers and suppliers in the solar and life science industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices.
Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.
Competitors: TER, LRCX, MKSI
5 Year CAGRs:
Sales: 17.8%
EBITDA: 15.7%
Net Income: -5.5%
MKSI:
MKS Instruments, Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally.
It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.
The VSD segment provides foundational technology solutions, including pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, electronic control technology, reactive gas generation and delivery, power generation and delivery, and vacuum technology.
The PSD segment offers range of solutions, which include lasers, beam measurement and profiling, precision motion control, vibration isolation systems, photonics instruments, temperature sensing, opto-mechanical components, optical elements, systems for flexible PCB laser processing, and laser-based systems, as well as high density interconnect PCB and package manufacturing.
The MSD segment develops, process, and manufactures technologies comprising advanced surface modification, electroless and electrolytic plating, and surface finishing for chemistry, equipment, software, and services markets, as well as high-technology applications.
In addition, the company sells its products and services through direct sales, network of independent distributors, and sales representatives, as well as websites, including product catalogs.
The company was incorporated in 1961 and is headquartered in Andover, Massachusetts.
Competitors: ENTG, TER, KLA, AEIS
5 Year CAGRs:
Sales: 11.8%
EBITDA: 6%
Advanced Energy Industries (AEIS)
Advanced Energy Industries, Inc. provides precision power conversion, measurement, and control solutions in the United States and internationally.
The company’s plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.
It also provides high and low voltage power products used in a range of applications, such as semiconductor equipment, industrial production, medical and life science equipment, data centers computing, networking, and telecommunications.
In addition, the company supplies sensing, controls, and instrumentation products for advanced measurement and calibration of power and temperature. Further, the company provides calibration, conversions, upgrades, and refurbishments and used equipment to companies, as well as repair services. Further, it offers warranty and after-market repair services.
It offers its products through a direct sales force, independent sales representatives, channel partners, and distributors.
Advanced Energy Industries, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
Sales EBITDA Net Income:
18% 2%, -2.7%
Atlas Copco AB, together with its subsidiaries, provides productivity solutions North America, South America, Europe, Africa, the Middle East, Asia, and Oceania.
It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.
The company offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries.
It also provides oil-sealed rotary vane, dry, and liquid ring vacuum pumps; and turbomolecular and cryogenic pumps, as well as abatement and integrated systems for the semiconductor and scientific, chemical process, food packaging, and paper handling industries.
Further, it provides portable compressors, boosters, generators, lighting towers, pumps, and construction and demolition tools for civil engineering, oil and gas, construction, manufacturing, exploration drilling, and demolition industries, as well as specialty rental services. The company was founded in 1873 and is headquartered in Nacka, Sweden.
CVD Equipment:
CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States.
It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials.
The company offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications; and ultra-high purity gas and chemical delivery control systems, including gas cylinder storage cabinets, custom gas and chemical delivery systems, gas and liquid valve manifold boxes, and gas isolation boxes for semiconductor fabrication processes, aerospace, solar cells, LEDs, carbon nanotubes, nanowires, and industrial applications.
It also provides products related to advanced materials and coatings, such as Tantaline, a corrosion resistant surface treatment solution; and MesoPlasma printing services and products comprising heaters, antennas, and sensors to aerospace, satellite, power generation, defense, and other markets.
In addition, the company offers annealing, diffusion, and low pressure chemical vapor deposition furnaces; and standard and custom fabricated quartz-ware used in its equipment and other customer tools.
The company was incorporated in 1982 and is headquartered in Central Islip, New York.
Naura Technology:
NAURA Technology Group Co., Ltd. engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China. It operates through Electronic Process Equipment, and Precision Electronic Components segments.
The company offers semiconductor process equipment including etching, thin film, cleaning, heat treatment, crystal growth, and other core process equipment which are used in various applications, such as logic and memory devices, advanced packaging, third-generation semiconductors, semiconductor lighting, micro-electromechanical systems, new displays, new energy photovoltaics, substrate materials, etc.
In addition, the company offers electronic components including quartz crystal devices and micro electromechanical sensors, high-precision resistors, tantalum capacitors, microwave components, analog chips, module power supplies, and other products which are used in high-speed rail, smart grids, communications, and medical care applications.
The company was formerly known as Beijing Sevenstar Electronics Co., Ltd. and changed its name to NAURA Technology Group Co., Ltd. in February 2017. NAURA Technology Group Co., Ltd. was founded in 2001 and is headquartered in Beijing, the People's Republic of China.
Mycronic:
Mycronic AB (publ) develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally.
The company operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies.
The Pattern Generators segment develops, manufactures, and markets mask writers and measuring machines for production of advanced photomasks for manufacturing of screens for TVs, cars, mobile phones, tablets, and computers, as well as the semiconductor components.
The High Flex segment develops, manufactures, and markets surface mount technology (SMT) and inspection equipment for flexible printed circuit board (PCBs) assembly. This segment offers MYPro Line, which integrates advanced jet printing and dispensing, pick-and-place, advanced process control solutions, and 3D inspection systems; MYTower material handling systems; and MYSmart dispensing and coating solutions.
The High Volume segment develops, manufactures, and markets equipment for dispensing and conformal coating of circuit boards for manufacturers of mobile phones, tablets, computers, and electronics for electric vehicles, as well as automated screen printers.
The Global Technologies segment offers die bonding services for microelectronics and optoelectronic applications; electrical testing of bare board PCBs and substrates; flying probe test system; and grid test systems. It sells its products through agents and distributors.
The company serves industrial, aerospace, defense, automotive, energy, medical, and telecom sectors.
The company was formerly known as Micronic Mydata AB (publ) and changed its name to Mycronic AB (publ) in June 2014. Mycronic AB (publ) was incorporated in 1989 and is headquartered in Täby, Sweden.
Sales, EBITDA, Net income:
8.6%, 7.1% 4.8%
ASM:
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia.
Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, silicon carbide, vertical furnace systems, and low pressure chemical vapor deposition and diffusion products, as well as provides spare parts and support services.
The company also manufactures and sells equipment, which is used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices.
It offers its products to semiconductor manufacturers. The company was formerly known as Advanced Semiconductor Materials International NV.
ASM International NV was incorporated in 1968 and is headquartered in Almere, the Netherlands.
5 Year CAGRs:
Sales EBITDA Net Income
26.3%. 37.2% 36.7%
Rorze
Rorze Corporation engages in the design, development, manufacture, and sale of automation systems for the semiconductor and flat panel display production worldwide.
The company offers wafer handling systems, including atmospheric robots, vacuum wafer robots, aligners, load ports, vacuum platforms, EFEMs/sorters, and stockers; and mask/reticle handling systems.
It also provides system integration and package service, as well as host online communication, equipment control, and EDA/interface A solutions; and control devices, such as controllers, and stepping motors and drivers. In addition, the company offers life science automation products comprising mechatronics CO₂ incubators, cell keepers, twist decappers and incubators, heat sealers, power seals, varistocks, and cell farms and shots.
Further, it is involved in manufacturing of robot for semiconductor production equipment; the processing and export of machinery parts for robots; and importing, selling, maintaining, and broking equipment and parts.
The company was incorporated in 1966 and is headquartered in Fukuyama, Japan.
Sales EBITDA Net income
21.3% 40.2% 38%
Micronics:
Micronics Japan Co., Ltd. develops, manufactures, and sells testing and measurement equipment for semiconductors and LCD testing system worldwide.
The company’s semiconductor products include probe cards, package probes, semiconductor test equipment, and wafer prober.
It also provides FPD products, such as probe units and FDP lightning units.
The company was formerly known as Towa Electric Co., Ltd. and changed its name to Micronics Japan Co., Ltd. in April 1975. The company was incorporated in 1970 and is headquartered in Musashino, Japan.
Design, IP, R&D
Synopsys:
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits.
It operates in three segments: Design Automation, Design IP, and Software Integrity.
The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.
It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals.
In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as optical products, and mechatronic simulations.
Further, it provides security and quality testing products, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions.
Additionally, the company provides intelligent orchestration solution, software risk manager, and black duck software composition analysis tools.
It serves electronics, financial services, automotive, medicine, energy, and industrial areas.
Synopsys was incorporated in 1986 and is headquartered in Sunnyvale, California.
Competitors: Cadence Design, Siemens-Mentor
5 Year CAGRs:
Sales EBITDA Net Income
14% 23.2% 19%
Cadence Design:
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide.
The company offers functional verification services, including emulation and prototyping hardware.
Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system.
In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects.
Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer’s ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols.
Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services.
The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries.
Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Competition: Synopsys, Siemens-Mentor
5 Year CAGRs:
Sales EBITDA Net Income
13.9%. 22% 24.7%
ARM:
Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products.
It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services.
Its products are used in various markets, such as automotive, computing infrastructure, consumer technologies, and Internet of things.
The company operates in the United States, the People’s Republic of China, Taiwan, South Korea, and internationally.
The company was founded in 1990 and is headquartered in Cambridge, the United Kingdom. Arm Holdings plc operates as a subsidiary of Kronos II LLC.
Competitors: None
Siemens (Mentor graphics)
Mentor Graphics operates as a key player in electronic design automation (EDA), offering advanced software and hardware design solutions for electrical engineering and electronics.
The company specializes in simulation, analysis, and development of printed circuit boards (PCBs), integrated circuits (ICs), and systems-on-chips (SoCs), enabling engineers to design complex electronic systems and semiconductors.
Their tools are crucial in the design and manufacturing processes across various industries, helping to bring sophisticated electronic products to market.
Mentor was acquired by Siemens in 2017.
ANSYS:
ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally.
It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.
The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software.
In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings.
ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.
Synopsys entered a bid to acquire Ansys in December 2023.
5 Year CAGRs:
Sales EBITDA Net Income
11.9% 7% 3.6%
Keysight Technologies:
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific.
The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
It offers electronic design automation (EDA) software; instrument measurement software, instrument workflow software, and software testing; digital multimeter, phase noise measurement, power meters and power sensors, counters, LCR meters and impedance measurement products, and electrometers; and spectrum analyzers, network analyzers, logic analyzers, protocol analyzers and exercisers, bit error ratio testers, noise figure analyzers, AC and DC power analyzers, materials test equipment, device current waveform analyzers, and curve tracers.
The company also provides waveform and function generators, arbitrary waveform generators, DC power supplies, and DC electronic loads; wireless drive test, radio access and core network test, wireless analyzers, wireless network emulators, and over-the-air test; application and threat intelligence, cloud test, cyber training simulator, network test hardware, synthetic traffic generators, protocol and load test, network security test, and network modeling; bypass switches, clock synchronization, cloud visibility, network and application monitoring, network packet brokers, and network taps; and application-specific test systems, photonic test and measurement products, and MMIC millimeter-wave and microwave devices.
In addition, it offers product support, technical support, installation, training, engineering, and integration services.
The company sells its products through direct sales force, distributors, resellers, and manufacturer's representatives.
Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.
5 Year CAGRs:
Sales EBITDA Net Income
5.7% 11.8% 39.2%
Rambus:
Rambus Inc. provides semiconductor products in the United States, South Korea, Singapore, and internationally.
The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.
It also provides a portfolios of security IP solutions, including crypto cores, hardware roots of trust, high-speed protocol engines, and chip provisioning technologies; and portfolio of patents that covers memory architecture, high-speed serial links, and security products.
It markets its products and services through its direct sales force and distributors.
Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
5 Year CAGRs:
Sales: 14.8%
Alphawave Semi:
Alphawave IP Group plc designs, develops, and sells connectivity solutions. The company offers connectivity, integrated products, and chiplet IP products.
It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, and solid-state storage end markets in North America, the Asia Pacific, Europe, and the United Kingdom.
Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.
Competitors: Credo, RMBS, Nordic Semi
5 Year CAGR:
Sales: 114%
National Instruments (EMR):
National Instruments (NI) specializes in designing and manufacturing automated test equipment and virtual instrumentation software.
These technologies are used to create automated test and measurement systems that engineers and scientists utilize across various industries, including aerospace, automotive, electronics, energy, and academia, among others.
NI's products and solutions enable users to test, measure, and control real-world physical phenomena with software, computers, and modular hardware, thereby significantly improving productivity, innovation, and discovery.
NI was acquired by Emerson Electric in 2023.
Qualcomm:
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).
The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives.
It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.
Lattice Semi:
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas.
The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink.
It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services.
It sells its products directly to customers, and indirectly through a network of independent manufacturers’ representatives and independent distributors.
The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets.
Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.
Competitors: AMD, MTSI, SLAB
5 Year CAGRs:
Sales EBITDA
13% 29.5%
CEVA:
CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing technologies to semiconductor and original equipment manufacturer (OEM) companies worldwide.
It designs and licenses various digital signal processors, AI processors, wireless platforms, and complementary software for sensor fusion, image enhancement, computer vision, voice input, and artificial intelligence (AI).
The company licenses a family of wireless connectivity and smart sensing technologies, and integrated IP solutions, including DSP-based platforms for 5G baseband processing in mobile, broadband, cellular IoT, and radio access network; imaging and computer vision for any camera-enabled devices; audio/voice/sound and ultra-low power always-on/sensing applications for wearables, hearables, and multiple IoT markets; sensor fusion software and inertial measurement unit solutions for hearables, wearables, AR/VR, PC, robotics, remote controls, and IoT; and wireless IoT for Bluetooth, Wi-Fi 4/5/6/6E, Ultra-wideband (UWB), and NB-IoT.
Its technologies are licensed to companies, which design, manufacture, market, and sell application-specific integrated circuits and application-specific standard products to mobile, consumer, automotive, robotics, industrial, aerospace and defense, and IoT companies for incorporation into various end products.
The company delivers its DSP cores, platforms, and AI processors in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development.
The company licenses its technology through a direct sales force.
The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was incorporated in 1999 and is headquartered in Rockville, Maryland.
Competitors: Navitas, Credo, Ambarella,
Navitas Semi:
Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging.
The company’s products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.
It operates in the United States, Europe, China, rest of Asia, and internationally. The company was founded in 2013 and is based in Torrance, California.
Faraday Tech
Faraday Technology Corporation, together with its subsidiaries, operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider in China, Taiwan, Japan, the United States, and internationally.
The company offers ASIC/SoC design services; ASIC/SoC production turnkey services; ASIC EDA tools; and ASIC services.
It also provides IP products, including library and memory compilers, processor cores, analog and IO, and SoC peripheral Ips; and IC designing, marketing, and customer services.
The company offers ASIC design solutions for a range of applications comprising communications, multimedia, consumer, PC peripherals, industrial, AIoT.
Faraday Technology Corporation was incorporated in 1993 and is headquartered in Hsinchu City, Taiwan.
Sales EBITDA Net income
19.5% 43.5% 43.3%
Testing, Packaging & Assembly:
Teradyne:
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide.
It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test.
The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers.
The System Test segment offers defense/aerospace test instrumentation and systems; storage and system level test systems; and circuit-board test and inspection systems.
The Wireless Test segment provides wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. This segment also offers IQxel-MX and IQxel-MW7G series products for edge measurement performance in the manufacturing of connectivity products; IQxstream-5G and IQgig-5G family products to support 4G and 5G technologies; and IQgig-UWB+ for certification and manufacturing test support for ultra wideband products.
The Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers.
The company was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
Competitors: ENTG, KLA, Advantest
5 Year CAGRs:
Sales EBITDA Net income
5% 0.8% -0.13%
Amkor:
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific.
It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.
The company also provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate.
In addition, it offers micro-electro-mechanical systems packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives.
Further, the company provides wafer, package, and system level test services, as well as burn-in test and test development services.
It serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries.
The company was founded in 1968 and is headquartered in Tempe, Arizona.
Competitors: KLA, TER, FORM
5 Year CAGRs:
Sales EBITDA Net income
8.5% 5.8%. 23.1%
KLA:
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.
It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection.
The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; Wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; chemical process control equipment; wired and wireless sensor wafers and reticles; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk.
It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry.
In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets.
The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Competitors: LRCX, AMAT, ENTG
5 Year CAGRs:
Sales EBITDA Net income
17.6% 17.7%. 13.8%
ASE Technology:
ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.
It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.
ASE Technology Holding Co., Ltd. was founded in 1984 and is headquartered in Kaohsiung, Taiwan.
5 Year CAGRs:
Sales EBITDA Net income
9.2% 6.8% 4.7%
Advantest:
Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia.
The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.
The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry, as well as offers test systems for SoC semiconductor devices, and test systems for memory semiconductors devices.
The Mechatronics Related Business segment provides test handlers; mechatronic-applied products for handling semiconductor devices; and device interfaces, which serve as interfaces with the devices that are measured, as well as nano-technology related products.
The Service And Other Departments segment provides test solutions of system level testing customer solutions for the semiconductor and modules, and support services. This segment is also involved in the sale of consumables and used products, and equipment lease business, and others.
It also engages in the research and development activities and provides maintenance and support services. The company was incorporated in 1946 and is headquartered in Tokyo, Japan.
Competitors: AMKR, ASE, TER
5 Year CAGRs:
Sales EBITDA Net income
11.7% 12% 5.8%
Foxconn:
Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan.
It is the world's largest contract manufacturer of electronics. While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the largest employers worldwide.
Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,[6] iPad,[7] iPhone, iPod,[8] Kindle,[9] all Nintendo gaming systems since the GameCube, Nintendo DS models, Sega models, Nokia devices, Cisco products, Sony devices (including most PlayStation gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's Xbox console,[10] and several CPU sockets, including the TR4 CPU socket on some motherboards.
Vitrox:
ViTrox Corporation Berhad, an investment holding company, designs, manufactures, and sells automated vision inspection equipment and system-on-chip embedded electronics devices for the semiconductor and electronics packaging industries.
The company offers tray-based vision handlers for final inspection on various IC packages handled in tray; post seal vision inspection handlers for reel to reel inspection; wafer vision inspection handlers that offers an advanced solution for 2D surface defect inspections, measurements, and multiple handling mechanisms; 3D and line scan vision inspection systems; and digital automated vision inspection equipment and modules.
It also provides printed circuit board assembly products, including advanced 3D solder paste inspection, advanced 3D optical inspection, and advanced 3D X-ray inspection, as well as advanced robotic vision systems; and electronics communication systems.
In addition, the company provides precision agricultural equipment, agricultural produce, and materials; education and training services, as well as undertakes research and development activities.
It serves semiconductor outsourced assembly and test companies, printed circuit board manufacturers, electronics assemblies companies, original equipment manufacturers, original design manufacturers, electronics manufacturing services providers, and contract manufacturers.
The company was founded in 2000 and is headquartered in Simpang Ampat, Malaysia.
Sales EBITDA Net income:
7.8% -4.4% 4.0%
Agilent
Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab.
The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.
The company markets its products through direct sales, distributors, resellers, manufacturer's representatives, and electronic commerce. Agilent Technologies, Inc. was incorporated in 1999 and is headquartered in Santa Clara, California.
CamTek:
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for the advanced interconnect packaging, memory, complementary metal oxide semiconductor image sensors, micro-electro mechanical systems, radio frequency, and other segments of the semiconductor industry.
The company provides inspection and metrology systems, including Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to support fanout wafer level packaging applications.
It serves semiconductor manufacturers, outsourced semiconductor assembly and test, integrated device manufacturers, and wafer level packaging subcontractors.
The company sells its products in the Asia Pacific, North America, and Europe. Camtek Ltd. was incorporated in 1987 and is headquartered in Migdal HaEmek, Israel.
Competitors: NVMI (Nova), ONTO
5 Year CAGRs:
Sales EBITDA Net income
20.7% 27% 33.2%
Nova (NVMI):
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally.
Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.
The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers.
Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
Competitors: CAMT, BESI, FORM
5 Year CAGRs:
Sales EBITDA Net income
16% 16.9% 20.2%
Aehr Test Systems:
Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide.
Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.
The company also offers FOX-CP system, a low-cost single-wafer compact test solution for logic, memory, and photonic devices; FOX WaferPak Contactor, a full wafer contactor capable of testing wafers up to 300mm that enables integrated circuit manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems.
In addition, it provides FOX DiePak Carrier, a reusable temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules; and FOX DiePak Loader.
The company was incorporated in 1977 and is headquartered in Fremont, California.
5 Year Sales CAGR:
26.4%
JCET Group:
JCET Group Co., Ltd. provides integrated-circuit manufacturing and technology services worldwide.
The company offers wafer level packaging, system-in-packaging, flip chip, and wire bonding products for various semiconductor applications, such as mobile, communication, compute, consumer, automotive, industry, etc.
It also provides design and characterization, research and development, wafer probe, water bump, package assembly, shipment, and test services.
The company was formerly known as Jiangsu Changjiang Electronics Technology Co., Ltd. and changed its name to JCET Group Co., Ltd. in November 2019.
JCET Group Co., Ltd. was founded in 1972 and is based in Jiangyin, China.
Chroma ATE
Chroma ATE Inc. designs, assembles, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, and telecom power supplies in Taiwan, China, the United States, and internationally.
It provides test solutions comprising power electronics, electric vehicle, passive component, electrical safety, video and color, flat panel display, LED and driver, photonics, semiconductor/IC, RF & wireless, and general-purpose test solutions; battery, photovoltaic/inverter, and turnkey test and automation solutions; automated optical inspection, PXI test and measurement, intelligent manufacturing system, and other solutions.
The company also offers warranty, calibration and repair, instrument and test system calibration and repair, customer-site installation, product upgrade, training, technical support, and product support services, as well as replacement parts.
Its products are used in information technology, communication, aerospace, and defense industries, as well as hybrid automobiles, LED luminance devices, and solar and fuel cells.
Chroma ATE Inc. was founded in 1973 and is headquartered in Taoyuan City, Taiwan.
5Y CAGRs:
Sales EBITDA Net Income
1.98%. 9.39 % 9.34%
Raw materials & components:
Air Liquide:
L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa.
The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to material and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sector.
This segment also includes healthcare business, which provides medical gases, home healthcare services, medical equipment, and specialty ingredient to patients, healthcare professionals, and hospitals; and electronic business supply carrier gases, electronic specialty and advanced materials, equipment and installation, and service to semiconductor, flat panel, and photovoltaic markets.
Its Engineering & Construction segment designs, develops, and builds industrial gas production plants to third parties; and design and manufacture plants in traditional, renewable and alternative energy sectors.
The Global Markets & Technologies segment delivers technological solutions, such as molecules, equipment, and services to energy transition, primarily in transport, energy, and waste valorization, as well as space exploration, aerospace, fundamental sciences, and quantum computing.
This segment also invests in biomethane production units; develops stations for distributing natural biogas for vehicles and hydrogen; operates biomethane production units for maritime industry; and supplies gases for the offshore oil and gas platforms, offshore wind turbines, and cryogenic transportation by sea.
L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.
Sales EBITDA NI:
5.6% 8% 7.8%
Entegris
Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia.
It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
The MC segment solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries; integrated circuit chemical mechanical polishing solutions, high-performance etch and clean chemistries, gases and materials, and safe and materials delivery systems.
The MS segment provides materials-based solutions, such as chemical mechanical planarization slurries, pads, deposition materials, process chemistries and gases, formulated cleans, etchants, and other specialty materials.
The Advanced Materials Handling segment develops solutions for customers’ yields by protecting critical materials during manufacturing, transportation, and storage, which include monitor, protect, transport and deliver critical liquid chemistries, wafers, and other substrates for semiconductor, life sciences and other high-technology industries.
The company’s customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems.
It serves manufacturers and suppliers in the solar and life science industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices.
Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.
Competition: TER, Veeco, LRCX
5 Year CAGRs:
Sales EBITDA Net income
17.8% 15.7% -5.6%
Fujifilm:
FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide.
Its Materials segment offers inkjet digital presses and printing plates for printing industries, as well as industrial inkjet-related products and inkjet heads; storage media and archiving services to save and manage digital data volumes; and materials for industrials, including display and touch panel, semiconductor and image sensor, and functional film materials.
The company was incorporated in 1934 and is headquartered in Tokyo, Japan.
Siltronic:
Siltronic AG, together with its subsidiaries, engages in the development, production, and marketing of hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia.
It offers polished and epitaxial wafers. The company also provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; PowerFZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.
Its products are used in smartphones, tablets, PCs, flat screens, sensors, industrial equipment, electric cars, wind turbines, and other applications.
The company was formerly known as Wacker Siltronic AG and changed its name to Siltronic AG in 2004. Siltronic AG was founded in 1953 and is headquartered in Munich, Germany.
Competitors: Soitec, Aixtron,
5 Year CAGRs:
Sales EBITDA Net income
3% -2.8% -5.5%
SOITEC:
Soitec S.A. designs and manufactures semiconductor materials worldwide. Its products are used to manufacture chips that are used in smart phones, tablets, computers, IT servers, and data centers, as well as electronic components in cars, connected devices, and industrial and medical equipment.
It offers Fully Depleted Silicon-On-Insulator (FD-SOI) for automotive radar and processors, and PD-SOI and FinFET-SOI products for high-performance computing markets.
The company also offers RF-SOI substrates for front-end module devices, as well as 4G LTE and 5G smartphones.
In addition, it offers power-SOI; Smart photonics-SOI; Smart Imager-SOI; Auto Smartsic; Connect RF-GaN; and Gallium Nitride (GAN) Epitaxial wafers for energy efficient power management system.
Soitec S.A. was incorporated in 1992 and is headquartered in Bernin, France.
5 Year CAGRs:
Sales EBITDA Net income
23.5% 27% 17.8%
Sumco:
Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally.
It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.
The company was formerly known as Sumitomo Mitsubishi Silicon Corp. and changed its name to Sumco Corporation in August 2005.
Sumco Corporation was incorporated in 1999 and is headquartered in Tokyo, Japan.
Competitors: Shin-Etsu
5 Year CAGRs:
Sales EBITDA Net income
5.5% 4.75% 1.75%
Linde Plc:
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific.
It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.
The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.
It serves a range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics.
The company was founded in 1879 and is based in Woking, the United Kingdom.
5 Year CAGRs:
Sales EBITDA Net income
17.2% 24.5% 7.2%
Air Products & Chemicals:
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally.
The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.
It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage.
The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
5 Year CAGRs:
Sales EBITDA Net income
6.8% 6.3% 6.7%
Shin-Etsu:
Shin-Etsu Chemical Co., Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services.
The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments. In addition, it offers cellulose derivatives, synthetic pheromones, aroma chemicals, dielectric and LED/ semiconductor materials, silanes, photoresists, chlorides, caustic soda, liquid fluoroelastomers, polyvinyl chloride and vinyl acetate resin, silicones, and silicones processed goods.
Further, the company offers pellicles, photomask blanks, synthetic quartz/ quartz cloth, pyrolytic boron nitride, LIB anode material, and silicon metal.
Additionally, it provides rare earth magnets, compound semiconductors, and oxide single crystals.
The company was formerly known as Shin-Etsu Nitrogen Fertilizer Co., Ltd. and changed its name to Shin-Etsu Chemical Co., Ltd. in 1940. Shin-Etsu Chemical Co., Ltd. was incorporated in 1926 and is headquartered in Tokyo, Japan.
5 Year CAGRs:
Sales EBITDA Net income
9.2% 12.5% 9.9%
Panasonic:
Panasonic Holdings Corporation, together with its subsidiaries, research, develops, manufactures, sells, and services various electrical and electronic products worldwide. It operates through five segments: Lifestyle, Automotive, Connect, Industry, and Energy.
The Industry segment offers relays, switches, power supply products, touch panels, motors, sensors, laser markers, capacitors, inductors, resistors, circuit board materials, semiconductor device materials, molding compounds, and LCD panels.
The Energy segment provides dry, primary/secondary lithium, nickel-metal hydride, and lithium-ion batteries; and cylindrical lithium-ion batteries for in-vehicle use, as well as storage battery modules and systems. It also offers digital cameras, video and audio equipment, television, telephones, and intercoms. The company was formerly known as Panasonic Corporation. Panasonic Holdings Corporation was founded in 1918 and is headquartered in Kadoma, Japan.
Zeiss Semi:
Zeiss Semi, a branch of Carl Zeiss AG, is a leading developer and manufacturer of equipment crucial for microchip production. They offer high-precision optics, measuring tools, and other systems used throughout various stages of chip making. Their contributions enable the creation of smaller, more powerful, and efficient microchips, making them a vital player in the global semiconductor industry.
Photronics:
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.
It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.
The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives.
The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.
5 Year CAGRs:
Sales EBITDA Net income
10.8% 18.77% 27.1%
Nikon:
Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments.
The Precision Equipment Business segment offers FPD lithography systems and semiconductor lithography systems.
The Components Business segment offers optical components, optical parts, encoders, and material processing products and services; EUV-related components and space-related solutions; and photomask substrates for FPDs.
The Industrial equipment and Others segment provides industrial microscopes, non-contact 3D metrology systems, measuring instruments, X-ray/CT inspection systems, and surveying instruments. In addition, it sells used equipment; provides maintenance services for FPD/semiconductor lithography systems; sells and services cameras, microscopes, measuring instruments, and X-ray inspection equipment; and develops and supports computer software.
Nikon Corporation was incorporated in 1917 and is headquartered in Minato, Japan.
Wolfspeed:
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally.
It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications.
The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications.
In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications.
The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.
Mitsubishi Chemical:
Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally.
The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.
It also provides high-performance engineering plastics, as well as advanced solutions; industrial materials, such as MMA, petrochemicals, carbon products, and industrial gages; and pharma and regenerative medicines.
In addition, the company offers engineering, transportation, and warehousing services.
Mitsubishi Chemical Group Corporation was incorporated in 2005 and is headquartered in Tokyo, Japan.
Dupont de Nemours:
DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.
It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments.
The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.
This segment also provides semiconductor and advanced packaging materials; dielectric and metallization solutions for chip packaging; and silicones for light emitting diode packaging and semiconductor applications; permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, and electroless and electrolytic metallization solutions, and electromagnetic shielding and thermal management solutions, as well as patterning solutions, and materials and metallization processes for metal finishing, decorative, and industrial applications.
The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019.
DuPont de Nemours, Inc. was incorporated in 2015 and is headquartered in Wilmington, Delaware.
Globalwafers:
GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, and manufactures semiconductor ingots and wafers in Taiwan and internationally.
It offers silicon ingots; and annealed, diffusion, epitaxial, compound, polished, and SOI wafers.
The company was founded in 1981 and is based in Hsinchu City, Taiwan. GlobalWafers Co., Ltd. operates as a subsidiary of Sino-American Silicon Products Inc.
REC Silicon:
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide.
It offers various solar grade polysilicon for solar applications, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules.
The company provides electronic grade polysilicon comprising Float Zone based devices that are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, Internet of Things, and big data; and Czochralski, an electronic grade polysilicon that principally used in manufacturing of semiconductor wafers.
In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, and disilane.
The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013.
REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.
AXT Inc.
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates.
It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.
It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LED, screen displays, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling.
In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts.
It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally.
The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.
Senior:
Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally.
It operates in two segments, Aerospace and Flexonics. The Aerospace segment comprise fluid conveyance systems that include high and low pressure ducting systems, control bellows, sensors, and assemblies; gas turbine engines, such as precision-machined and fabricated engine components, fluid systems, and ducting and control products; and structures consist of precision-machined airframe components and assemblies.
The Flexonics segment comprises land vehicle emission control products, which include exhaust gas recirculation coolers, fuel mixing and distribution systems, and flexible couplings; and industrial process control products that consist of flexible hose assemblies and control bellows, fuel cells and heat exchangers, and precision-machined components., as well as engineered expansion joints, dampers, and diverters.
The company was formerly known as Senior Engineering Group plc and changed its name to Senior plc in 1999. Senior plc was founded in 1836 and is headquartered in Rickmansworth, the United Kingdom.
Japan Material:
JAPAN MATERIAL Co., Ltd. operates in the electronics and graphics businesses in Japan.
The company develops, manufactures, and sells gas supply systems for semiconductor and LCD manufacturing; total facility and gas management, and maintenance services; and designs and constructs piping for special gas and chemicals, ultrapure water, vacuum, and general equipment, as well as sells gas.
It also offers specialty chemical management; facility management; and power and abatement management and maintenance, as well as engages in the maintenance of manufacturing equipment; vacuum pump overhauling; and clean room environmental quality control.
In addition, the company is involved in the manufacture, sale, cleaning, and maintenance of ceramic coating and semiconductor manufacturing equipment parts.
Further, it imports, sells, and markets graphic boards, I/O boards, other parts for personal computers, digital signage equipment, and application systems for broadcasting and video; offers application development and maintenance support services; and develops and sells handling tools, as well as generates solar power with an output of approximately 3.9 MW.
JAPAN MATERIAL Co., Ltd. was incorporated in 1997 and is headquartered in Nagano, Japan.
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