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  • Top Semiconductor Companies Driving the Future of Tech

    With the growing digital platforms, our lives have become very convenient and amusing. We are an evolving species, continually evolving into a better version of ourselves, and adapting to the world of technology. It’s likely to say that our lives wouldn’t be the same without these digital platforms. It would be a wicked question to ask, can you imagine yourself living with no digital or electrical devices? No, right? Well, you can’t deny the obvious statistics.

    Not only playing, but these devices are an essential part of professional and students’ lives as well. These electrical and digital devices, like smartphones, laptops, iPads, electrical equipment, appliances, and many more, are controlled by a small electrical chip, called a Semiconductor.

    Semiconductors are located between the conductor and insulator to provide the minimal amount of necessary electricity for our devices to function smoothly, and are used by the best electronics company in the world.

    Over the past years, semiconductor companies have evolved into brilliant functioning and power with affordable, cheap rates. Because of the advancements made by the companies, semiconductors have become the foundation of the digital developing world and function conveniently.

    Top Semiconductor Companies
    Top Semiconductor Companies

    Over the past few months, the world has been facing a shortage of semiconductors because of the increasing demand. This has resulted in long waiting periods across many industries, such as cars, appliances, and electronics. Many products have also increased their prices because of this issue. Now that you know how valuable semiconductors are, this article will list the 16 largest semiconductor companies in the world.







    Semiconductor Companies — Key Features & Products


    Company Key Features Key Products
    NVIDIA Leader in GPUs, AI accelerators, data center chips GeForce GPUs, A100/H100 AI chips, DGX systems
    TSMC World’s largest semiconductor foundry; advanced nodes (3nm, 5nm) Foundry wafers (chips for Apple, AMD, NVIDIA, etc.)
    Samsung Top memory chip maker; also makes logic chips and consumer electronics DRAM, NAND flash, Exynos SoCs, displays
    Broadcom Specializes in networking, broadband, and wireless semiconductors Networking ASICs, Wi-Fi/Bluetooth chips, custom ASICs
    ASML Exclusive supplier of EUV lithography machines EUV & DUV lithography systems
    AMD CPUs, GPUs, and AI chips for PCs, servers, and gaming Ryzen CPUs, EPYC server CPUs, Radeon GPUs
    Intel CPUs, integrated graphics, and growing foundry services Core & Xeon CPUs, Arc GPUs, foundry chips
    Texas Instruments Analog chips and embedded processors for industrial uses Analog ICs, microcontrollers, power management ICs
    QUALCOMM Leader in mobile SoCs and 5G modem technology Snapdragon SoCs, 5G modems, RF front-end chips
    Applied Materials Semiconductor equipment and materials engineering Deposition, etch, CMP, and inspection tools
    Analog Devices Analog, mixed-signal, RF, and sensor solutions Signal processors, sensors, power management ICs
    Lam Research Wafer fabrication and etch equipment Etch systems, deposition and cleaning equipment
    Micron Technology DRAM and NAND memory for consumer and enterprise markets DRAM, NAND, SSDs, memory modules
    Synopsys EDA software, verification tools, and semiconductor IP EDA tools, IP cores, verification & security software
    Tokyo Electron Semiconductor manufacturing equipment for front-end and back-end Coaters/developers, etch tools, inspection systems
    SK Hynix DRAM, NAND flash, and high-performance memory for AI and servers DRAM, NAND, HBM (High Bandwidth Memory)


    NVIDIA

    Company Name NVIDIA
    Revenue $60.9 billion (2024)
    Headquarters California, United States
    Market Cap $1.123 trillion
    Top Biggest Semiconductor Companies in the World - NVIDIA
    Top 15 Semiconductor Companies – NVIDIA

    NVIDIA is a leading IT company that is dominating the market with its artificial intelligence hardware and software products. It is one of the largest producers of powerful graphics processing units (GPUs) and is well known for developing integrated circuits. NVIDIA has more than 50 offices worldwide, which hold the strength of 26,916 employees. Its GPUs are used to develop accurate automated solutions for manufacturing semiconductors.

    Nvidia – Changing the World with AI and Graphics
    Nvidia creates parts & systems that use artificial intelligence to improve computer visuals in gaming and other forms of media. Know more about the company here!
    StartupTalkySarika Anand

    TSMC

    Company Name Taiwan Semiconductor Manufacturing Co.Ltd
    Revenue $90.08 billion (2024)
    Headquarters Hsinchu, Taiwan
    Market Cap $473.10 billion
    Top Biggest Semiconductor Companies in the World - TSMC
    Top Semiconductor Companies – TSMC

    Taiwan Semiconductor Manufacturing Co. Ltd. involves working through an independent pure-play foundation that also formulates integrated circuits. It delivers great quality products and services. This Taiwanese company is also among the leading semiconductor manufacturing companies by market cap. It had 73,090 employees at the end of 2022.

    Samsung

    Company Name Samsung Electronics
    Revenue $207.6 billion (2024)
    Headquarters South Korea
    Market Cap $359.15 billion
    Top Biggest Semiconductor Companies in the World - Samsung
    Top Semiconductor Companies – Samsung

    Samsung Electronics is counted among the largest chip manufacturing companies in the world. It works with around 270,320 employees worldwide. Samsung Electronics ranked first on Forbes World’s Best Employer for 2022. Its semiconductors are brilliantly functioning and are usually used in tablets and smartphones, especially Samsung devices.

    Broadcom

    Company Name Broadcom
    Revenue $51.6 billion billion (2024)
    Headquarters San Jose, California
    Market Cap $358.12 billion
    Top Biggest Semiconductor Companies in the World - Broadcom
    Top Semiconductor Companies – Broadcom

    Broadcom offers a wide range of semiconductors and products based on software infrastructure. It is the largest semiconductor manufacturer with a product line that provides tons of services for networking, wireless, storage, broadband, data centers, and the industrial market. It has 20,000 employees in 30 countries around the world. It delivered the world’s first 50G Automotive Ethernet Switch and announced the availability of the world’s first Wi-Fi 7 Ecosystem Solutions. The semiconductor industry in world is rapidly growing, driven by increasing demand for AI chips, memory, and advanced electronics across multiple sectors.

    ASML

    Company Name ASML Holding Semiconductors Company
    Revenue $30.5 billion (2024)
    Headquarters Veldhoven, Netherlands
    Market Cap $242.74 billion
    Top Biggest Semiconductor Companies in the World - ASML
    Best Semiconductor Companies in the World – ASML

    ASML stands for Advanced Semiconductor Material Lithography, which signifies its specialization in the development and manufacturing of photolithography machines that are used to produce computer chips. It is the largest supplier of semiconductors in the world and the sole supplier of extreme ultraviolet lithography (EUV) photolithography machines. These machines are required to manufacture the most advanced chips.

    AMD

    Company Name Advanced Micro Devices
    Revenue $25.8 billion (2024)
    Headquarters Santa Clara, California
    Market Cap $174.03 billion
    Top Biggest Semiconductor Companies in the World - AMD
    Top Semiconductor Companies in World – AMD

    AMD (Advanced Micro Devices) is an incredible semiconductor manufacturing company that works in computer processing. This company also develops other computing devices such as motherboard chipsets, flash memory, graphics processors, and others.

    Intel

    Company Name Intel
    Revenue $$53.1 billion (2024)
    Headquarters Silicon Valley, California
    Market Cap $162.11 billion
    Top Biggest Semiconductor Companies in the World - Intel
    Top Semiconductor Companies – Intel

    Intel is a popular semiconductor manufacturing company that works with more than 131,900 employees in 46 countries. Intel develops semiconductors with the finest manufacturers of the x86 series of microprocessors that work best in PCs and laptops. Talking of diversity, of its total workforce, 25.9% are female and 17.7% URM.

    Texas Instruments

    Company Name Texas Instruments
    Revenue $15.641 billion (2024)
    Headquarters Dallas, Texas
    Market Cap $149.23 billion
    Top Biggest Semiconductor Companies in the World - Texas Instruments
    Top Semiconductor Companies – Texas Instruments

    Texas Instruments is one of the oldest yet biggest semiconductor companies in the world. With its incredible 90 years of journey, it is obvious with the trends. It produces some of the best and most delicate semiconductors that work incredibly well for customers, and the best electronics companies in the world currently use it.

    It is also rated as one of the best companies to work for. Its 15 manufacturing sites worldwide produce 80,000 products for over 100,000 customers.

    QUALCOMM

    Company Name Qualcomm
    Revenue $$38.96 billion (2024)
    Headquarters San Diego, California
    Market Cap $125.70 billion
    Top Biggest Semiconductor Companies in the World - Qualcomm
    Top Semiconductor Companies – Qualcomm

    Qualcomm is quite a remarkable company that works in manufacturing semiconductors and markets wireless communication products. Several telecommunication companies around the globe use Qualcomm’s patented CDMA technology. Qualcomm has been a crucial part of the development of wireless communications and semiconductors.

    Applied Materials

    Company Name Applied Materials
    Revenue $27.18 billion (2024)
    Headquarters Santa Clara, California
    Market Cap $120.94 billion
    Top Biggest Semiconductor Companies in the World - Applied Materials
    Top Semiconductor Companies – Applied Materials

    Applied Materials has grown exponentially over the years. It also provides semiconductors for flat-screen TVs, computer chips, and solar devices and has become a top semiconductor manufacturer over the years. The company handles some exclusive complex processing to form these products and delivers great service.

    Analog Devices

    Company Name Analog Devices Inc.
    Revenue $9.4 billion (2024)
    Headquarters Wilmington, Massachusetts
    Market Cap $87.78 billion
    Top Biggest Semiconductor Companies in the World - Analog Devices
    Top Semiconductor Companies – Analog Devices

    Analog Devices Inc. is a prominent American multinational semiconductor company that works in the areas of data conversion, signal processing, and power technology. The company is popular for constructing analog, mixed-signal, and digital signal processing (DSP) integrated circuits (ICs) used in electronic equipment. These techniques are used to regulate “real-world” functions such as temperature, speed, sound, and electrical current. ADI has 24,450 employees who are dedicated to ensuring the growth of the company.

    Lam Research

    Company Name Lam Research
    Revenue $14.905 billion (2024)
    Headquarters Fremont, California
    Market Cap $87.28 billion
    Top Biggest Semiconductor Companies in the World - Lam Research
    Top Semiconductor Companies – Lam Research

    Lam Research is a leading company that manufactures advanced semiconductors. It works around the globe, including Japan, China, Taiwan, Korea, and Europe. Besides this, it also delivers some great products such as wafer cleaning, film deposition, and more. It had 17,200 employees in 2023, an 8.2% decline from 2021.

    Micron Technology

    Company Name Micron Technology
    Revenue $25.11 billion (2024)
    Headquarters Boise, Idaho, US
    Market Cap $77.60 billion
    Top Biggest Semiconductor Companies in the World - Micron Technology
    Top Semiconductor Companies – Micron Technology

    Around the globe, Micron Technologies is the only company that manufactures semiconductors based in Idaho. It specializes in data storage and data processing for computers. Over the years, this company has remained at the top as it has developed some incredible and impressive products. Micron Technology has 40,000 employees in 17 countries.

    Synopsys

    Company Name Synopsys
    Revenue $6.127 billion (2024)
    Headquarters Mountain View, California
    Market Cap $71 billion
    Top Biggest Semiconductor Companies in the World - Synopsys
    Top Semiconductor Companies – Synopsys

    Synopsys is a well-known electronic design automation (EDA) company that supplies tools and services to the semiconductor design and manufacturing industry. The company focuses on silicon design and verification, silicon intellectual property, and software security. Synopsys has a widespread network around the globe with its offices located across 18 European countries and employs 19,000 employees worldwide.

    Tokyo Electron

    Company Name Tokyo Electron
    Revenue $12.09 billion (2024)
    Headquarters Minato City, Tokyo
    Market Cap $66.87 billion
    Top Biggest Semiconductor Companies in the World - Tokyo Electron
    Top Semicon Companies – Tokyo Electron

    Tokyo Electron Limited (TEL) is one of the world’s largest manufacturers of semiconductor production equipment. Tokyo Electron has a brand reputation as a supplier of the best fabricated integrated circuits, photovoltaic cells, and flat panel displays. Tokyo Electron Devices (TED), a subsidiary company of TEL, is popular for its specialization in semiconductor devices, electronic components, and networking devices. TEL has 26 group companies with over 15,140 employees worldwide.

    ‘Semiconductor Manufacturing Process’ Explained | ‘All About Semiconductor’ by Samsung Semiconductor

    SK Hynix

    Company Name SK Hynix
    Revenue $45.97 billion (2024)
    Headquarters Icheon, South Korea
    Market Cap ≈ $157 billion
    Top Biggest Semiconductor Companies in the World - SK Hynix
    Top Semiconductor Companies – SK Hynix

    SK Hynix is the world’s second-largest memory chip maker after Samsung, supplying DRAM, NAND flash, and multi-chip packages used in PCs, servers, smartphones, and consumer electronics. The company holds over 20% of the global DRAM market and is already mass-producing advanced 128-layer and 176-layer 4D NAND flash chips. With major fabs in South Korea and China, it also provides specialty foundry services for image sensors and display driver ICs. SK Hynix has committed $97 billion to fab expansions and upgrades through 2025, while also expanding into high-performance and AI-driven memory to support the fast-growing demand from cloud, data centers, and next-generation devices.

    Conclusion

    Life without electronic devices is hard to imagine. They have become an important part of our lives to make every task handy. Technology is evolving every day, and to keep up with that, the right semiconductor is required in our electronic devices. Through this article, we presented the top 15 biggest semiconductor companies in the world that provide the best facilities and advanced features to meet the increasing demand for semiconductors.

    FAQs

    Is the semiconductor industry dying?

    In 2019, the global semiconductor industry suffered, and its revenue fell 12% to $412 billion but it returned to growth in 2020. In 2021, global semiconductor sales reached $595 billion and grew to $618 billion in 2022.

    How big is the semiconductor industry?

    The global market size of the semiconductor industry was $618 billion in 2022 and is expected to reach $596 billion in 2023 (a fall of 3.6%).

    Which company manufactures the most semiconductors in the world?

    Taiwan Semiconductor Manufacturing Co. TSMC manufactures the most semiconductors in the world. TSMC has emerged over the past several years as the world’s most important semiconductor company, with enormous influence over the global economy.

  • List of Brands Endorsed By Aamir Khan

    The most effective way to market a company, its products and services is having a brand ambassador. The brand ambassador must portray all the brand values that the company stands for, endorse the company to the fullest ability and help boost consumer sales. An actor that has global fan following for many years is Aamir Khan, as he was also described as the biggest movie star in the world by Newsweek.

    Aamir Khan, born as Mohammed Aamir Hussain Khan, is a prominent Indian actor, director, filmmaker, along with being the host of a popular television talk show host. The actor has won numerous awards and accolades such as Filmfare awards, National Film Awards, AACTA award and has also been awarded the Padma Shri and Padma Bhushan by the Government of India.

    For many years, Aamir Khan has been listed in the 500 Most Influential Muslims Of The World. The actor is known for his work in movies like Raja Hindustani, Fanaa, Sarfarosh, Lagaan, Taare Zameen Par, Rang De Basanti, PK, Dangal, 3 Idiots, Ghajini, etc. Apart from his acting career, Aamir has also created and hosted the television talk show Satyamev Jayate which became popular for highlighting sensitive social issues in India and occasionally influencing the Indian government.

    The actor’s work as a social reformer, tackling issues ranging from poverty and education to abuse and discrimination, made him appear on the list of Time’s 100 most influential people in the world. Aamir Khan is always in demand by the advertisers and is known to charge over Rs. 5 to Rs. 7 crore for each endorsements.

    The net worth of the actor was last reported to be $225 million in 2021, while the brand value of Aamir was estimated to be $24.9 million in 2020. Some of the brands endorsed by Aamir Khan are Coca-Cola, Samsung, Tata Sky, Snapdeal, Vivo, UNICEF, “Athithi Devo Bhavah”, Godrej, Datsun, Titan Watches, Etisalat mobile, Vedantu, PhonePe, CEAT Limited, Starplus, Walkaroo among others.

    PharmEasy
    Vivo India
    Snapdeal
    Vedantu
    Godrej Group
    Datsun
    Samsung Electronics
    TataSky
    PhonePe
    Starplus
    Walkaroo

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    Here is a List of brands that the celebrity film star Aamir Khan is associated with:

    PharmEasy

    Aamir Khan, as the PharmEasy brand ambassador, launched a campaign on April 1, 2022, where the celebrated actor endorsed the Indian pharmacy company across different platforms. #GharBaitheBaitheTakeItEasy is the name of the campaign of which Aamir is a part.

    Vivo India

    Vivo is a Chinese tech company that has headquarters based in Dongguan, Guangdong. The company is a subsidiary of BBK Electronics and designs & develops many well-known smartphones, smartphone accessories, software, and online services. Vivo is an independent company and develops its own products as it has its own R&D centres in China and over 10,000 employees.

    The company is currently the third largest mobile brand in India with over 10% of the market share. Vivo is behind companies like Xiaomi and Samsung but is ahead of Oppo and Lenovo in terms of market rating. The company signed Aamir Khan as its brand ambassador in 2018.

    Kenny Zeng, Vivo India’s CMO said, “The company is thrilled about the upcoming possibilities that our partnership with one of the world’s biggest superstars, Aamir Khan, will open up in the country.” He also added that with the help of the actor the company to explore newer avenues to reach customers as it scripts its future growth strategy in India.

    Snapdeal

    Snapdeal is an Indian e-commerce company that has its headquarters in New Delhi. The company was found in 2010 by Kunal Bahl and Rohit Bansal. Snapdeal is known to be the country’s largest online marketplace, with over 60 million plus products from 800 different categories from regional, national and international brands and retailers.

    The company has more than 300,000 and delivers to over 6000 plus cities and towns in India. Snapdeal signed Aamir Khan as its brand ambassador for a year and was a part of the company’s multimedia campaign. In the commercial sector, the actor can be seen encouraging entrepreneurship in the country by asking more sellers to list and sell on Snapdeal.

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    Vedantu

    Vedantu is an Indian Ed-tech company, the popular platform allows its teachers to tutor the students online using a real time virtual learning environment named WAVE an in-house built technology. The app operates on a marketplace model for teachers where students can browse, discover and choose to learn from an online teacher.

    The Bengaluru-headquartered company was launched in 2014 and was founded by Vamsi Krishna, Pulkit Jain, Saurabh Saxena, and Anand Prakash. The company signed Aamir Khan as its brand ambassador and has since then been a part of its multimedia ad campaign that showcases the pros of the platform.

    Shivani Suri, the CMO of Vedantu said, “The campaign is focused on reaching out to parents and addressing their valid concerns with respect to online learning through a series of very relatable commercials, which will resonate with them.” She also added that Aamir Khan as a brand ambassador perfectly embodies the role of an involved parent while bringing his own charm to the character.

    Godrej Group

    Godrej Group is one of India’s most-trusted multinational conglomerates that has its headquarters in Mumbai, Maharashtra. The company was founded in 1897 and is currently in sectors such as real estate, consumer products, industrial engineering, appliances, furniture, security, and even agricultural products.

    Some of its well-known subsidiaries are Godrej Industries, Godrej Consumer Products, Godrej Agrovet, Godrej Properties, and Godrej & Boyce. Godrej has also been changing and redefining the marketplace with its innovative ideas and this has also been reflected in its marketing and branding strategies. This is why the company signed Aamir Khan in 2018.

    Since then, the actor is the face of its Har Idea Se Zindagi Muskuraye / Ideas that make life brighter ad campaigns. In an interview, Aamir said, “Godrej is a company which has always stood for the highest in quality and dependability, along with being one of the most modern and innovative brands, constantly ahead of the pack.” He also added that he loved the creative idea of this campaign, it is challenging and full of fun and humor.

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    Datsun

    Datsun is a popular automotive brand that is owned by Nissan that started production in 1931. The company is well known for its high-quality yet low-cost vehicles manufactured especially for the upcoming markets. A few of the popular models are 510, Fairlady roadsters, and the Z and ZX coupés.

    Datsun started selling its vehicles in countries like Indonesia, Russia, India, Nepal, and South Africa in 2014. The company also has built a Renault-Nissan plant in Chennai. Datsun India signed Aamir Khan as its brand ambassador in 2020, the actor is featured in some of the multimedia ads of the ‘ExperienceChange’ campaign.

    Commenting on the decision to make Aamir its brand ambassador, Thomas Kuehl, the president of Nissan India operations said that, the actor advocates the bold and fearless attitude of the new generation who strive for excellence and embodies the spirit of Datsun. We are proud to have the actor onboard and be the face of our new campaign.

    Samsung Electronics

    Samsung Group is a South Korean multinational company that has its headquarters in Samsung town, Seoul. The company became a conglomerate after it diversified into areas like food processing, textiles, insurance, securities, and retail. As of 2020, the company has the 8th highest global brand value.

    The company entered the electronic industry in the late 1960s and since then has kept growing consistently becoming the world’s largest manufacturer of mobile phones, television, and smartphones by 2021. Samsung Electronics account for 70% of the group revenue in 2012 thanks to its successful Galaxy series.

    Samsung Electronics is currently available in 74 countries and has over 290,000 employees making it the world’s second-largest technology company by revenue. Samsung India made Aamir Khan as its brand ambassador for its smartphones back in 2008.

    Commenting on the deal, H.B Lee the president and CEO of Samsung South West said that, “The Samsung brand stands for qualities of innovation, change, discovery, self-expression and excellence in performance. And these very same qualities are epitomised by Aamir Khan, whose quality and depth of work as well as versatility as an actor have made him a much loved and respected actor in India today. We are indeed very proud and privileged to have him as our brand ambassador.”

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    TataSky

    TataSky is the largest Indian Direct broadcast satellite service provider in the country. The company uses MPEG-4 digital compression technology and transmits using INSAT-4A and GSAT-10 satellites. TataSky is a joint venture between the Tata Group and the 21stCentury Fox which is owned by Walt Disney Company.

    The company currently offers more than 600 channels which include 495 SD and 99 HD channels and services along with other active services to its customers. TataSky made Aamir Khan its brand ambassador in 2008, and since then the actor has been featured in all TataSky brand and product communication, including advertisements on TV, print, and radio.

    Vikram Kaushik, the CEO and Managing Director of TataSky said that the actor perfectly fits the brand as our brand ambassador and will be instrumental in communicating the benefits of TataSky to consumers across the country.

    PhonePe

    PhonePe is one of the top Indian Fintech companies known for digital payments and financial services applications. The company has its headquarters in Bengaluru, Karnataka, and was founded by Sameer Nigam, Rahul Chari, and Burzin Engineer in 2015.

    The app offers services such as sending and receiving money, recharging mobile, DTH, data cards, making utility payments, paying at shops, investing in tax-saving funds, liquid Funds, buying insurance, and mutual funds made accessible in 11 different Indian languages. It also provides additional services such as booking Ola rides, paying for Redbus tickets, and even booking flights and hotels on Goibibo.

    PhonePe currently has more than offline and online merchant outlets across 500 cities in India allowing its customer to use the app for food, travel, groceries, medicines, movie tickets, etc. The company currently has more than 280 million users and also launched the PhonePe ATM in 2020. PhonePe signed Aamir Khan along with Alia Bhatt as its brand ambassador in 2019.

    Since then, the two actors have appeared in many multimedia ad campaigns, showcasing a skeptical Aamir Khan gradually getting convinced by Alia Bhatt to become a PhonePe customer.

    The six commercials with two actors showcase a storyline, where a skeptical Aamir Khan can be seen gradually getting convinced by Alia Bhatt to become a PhonePe customer. These ads have only one objective, which is to introduce digital payments, and explain the benefits, ease of use, and safety.

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    Starplus

    Starplus is a popular Indian entertainment television channel that is owned by Star India which is a subsidiary of Walt Disney. The network has programs in genres such as family dramas, comedies, youth-oriented reality shows, and television films. The channel was in 1991 and was initially an English language entertainment channel that broadcasted international shows from the US, UK, Australia, New Zealand, etc.

    After the introduction of Star World, becoming the network’s English-language counterpart channel, Starplus became the Hindi language in 2000 and is currently one of the top channels in India.

    In 2016, the channel made a campaign with many thought-provoking ads and programs with the tagline Nayi Soch which means new thinking, in order to inspire social change. Star plus signed Aamir Khan to be the face of the campaign and the actor has since then appeared in many commercials of the popular Nayi Soch campaign.

    Walkaroo

    Walkaroo is an Indian footwear brand that belongs to the U4ic International, a VKC group subsidiary. Over the past five eras, the brand has grown tremendously because of its marketing strategy which encompasses retail and e-commerce. Walkaroo currently has four company-owned and franchise stores in South Indian states and is also planning to extend into the northern states.

    The brand was launched in 2013 and originally catered to the footwear space with made-in-house sports sandals, but later expanded its product portfolio with Flip-flops, casual shoes, sandals and loafers at affordable process.

    The company announced Aamir Khan as the brand ambassador for Walkaroo in 2019, the actor has been featured in a multi-media campaign known as “Be Restless” in order to reach a younger target audience. In an interview, Aamir Khan said, he is thrilled to be a part of Walkaroo’s journey of making youth across India move ahead confidently and comfortably.

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    Conclusion

    Aamir Khan is fondly called Mr Perfectionist in the industry as the actor quality over quality and also only endorses one brand at a time. The actor has spent over three decades in the film industry and is known not only for his movies, but also for his brand associations. Aamir Khan has proudly in some of the most iconic television commercials endorsing brands.

    As a social reformer, Aamir has also endorsed meaningful campaigns like “Athithi Devo Bhavah”, UNICEF to promote child nutrition, the IEC campaign to raise awareness about malnutrition, and Starplus’s Nayi Soch to inspire social change. But besides that, the actor is known to be highly selective in the big commercial brands that he endorses. Currently, many new brands are approaching the actor to rope him in as their brand ambassadors in order to attract audiences of all age groups.

    FAQs

    Who is Aamir Khan?

    Aamir Khan born as Mohammed Aamir Hussain Khan is one of the most popular Indian actor, director, filmmaker, and also a television talk show host.

    What is the brand value of Aamir Khan?

    The brand value of Aamir Khan was over $24.9 million in 2020.

    What are the brands endorsed by Aamir Khan?

    The main brands endorsed by Aamir Khan are Walkaroo, Starplus, PhonePe, TataSky, Samsung Mobiles, Godrej Group, Datsun, Vedantu, Snapdeal, PharmEasy, Vivo, etc.

    How much does Aamir Khan charge for brand endorsement?

    Aamir Khan charges over Rs. 5 to Rs. 7 crores for each endorsement.

    What is the net worth of Aamir Khan?

    The net worth of Aamir Khan is estimated to be $225 million in 2021.

    Which government organisation selected Aamir Khan as its brand ambassador in 2012?

    Aamir Khan was chosen by the Ministry of Women and Child Development, to be the face of the movement in 2012.

  • Why Semiconductor Production is Hard and Only a Few Companies Produce it?

    You all know that semiconductor chips are used in nearly every electronic device that we buy. They go into computers, smartphones, gadgets, cars, aircraft, medical equipment, military systems and whatnot. The world is facing a global semiconductor chips shortage at present which has raised the question of why can’t more companies get into the production of semiconductor chips. Let’s dive into the semiconductor industry through this article to know what are the complexities which don’t allow many companies to enter the industry.

    Why are semiconductor chips in the news?

    In 2021, the global chip shortage was much in the news and companies like Apple, Tesla, Tata Motors and Samsung Electronics had to starve for semiconductor chips. A total of 169 industries were impacted by the shortage, the auto industry being the worst hit.

    There were several factors which led to such a global shortage. Some of them are:

    • The surge in demand for electronics required for work from home during the pandemic
    • Labour shortage due to lockdown restrictions
    • Drought in Taiwan
    • The Trade war between the U.S. and China.

    Semiconductor chip storage has made countries realise that the manufacturing of chips is concentrated in a few east Asian countries only. So, this year countries around the world are coming up with plans to build production capacity for these semiconductor chips so as to become self-sufficient and reduce import dependency. India is going to spend around $30 billion to develop the semiconductor supply chain ecosystem. The U.S. is also considering implementing the CHIPS for America Act to provide $52 billion for chip manufacturing and government support to semiconductor giants. The Act aims to provide financial assistance for the construction, expansion, or modernization of a semiconductor fabrication plant in the United States.

    Semiconductor Chips Industry- The History & The Present

    Jack Kilby - Inventor of Semiconductor Chips
    Jack Kilby – Inventor of Semiconductor Chips

    In 1958, Jack Kilby, an electronic engineer at Texas Instruments, created the first integrated circuit which is the ancestor of modern-day microchips. It was a great and revolutionary invention of the 20th century. The semiconductor industry started around 1960 and sales revenue crossed the $ 1 Billion mark by 1966. In 2022, the global semiconductor chip industry is expected to reach about US$600 billion. But very few companies in the world can make semiconductor chips, and even fewer can make them profitably at that. Let’s understand why it is so by delving into the semiconductor chips industry and its manufacturing process.

    The Model and the Major Players of the Semiconductor Industry

    Countries dominating semiconductor production.
    Countries dominating semiconductor production.

    The semiconductor industry is dominated by companies from Taiwan, the U.S, South Korea, China, Japan and the Netherlands where semiconductor manufacturing has government backing, developed infrastructure and economies of scale.

    The industry is based on a model that fabrication, design and development is distributed among different companies and their subsidiaries around the world. Foundry companies like TSMC and GlobalFoundries are involved in manufacturing only. Fabless semiconductor companies like AMD, Nvidia outsource production to a third-party fabrication plant and only design the device. Integrated Device Manufacturers (IDMs) such as Intel and Samsung manufacture (in-house), design and as well as sell integrated circuit products.

    Major players in the industry are TSMC (Foundry), Samsung Electronics (IDM), Intel (IDM), and Qualcomm (Fabless).

    Table representing top 8 semiconductor companies, their type and country.

    Name of the Company Country Type
    Intel United States IDM
    Samsung South Korea IDM
    TSMC Taiwan Foundry
    SK Hynix South Korea IDM
    Micron United States IDM
    Qualcomm United States Fabless
    Nvidia United States Fabless
    Infineon Germany IDM

    Taiwan’s TSMC alone manufactures a great percentage i.e. more than 50% of semiconductors in the world. It is the world’s largest foundry. Apple, which is the biggest consumer of chips and the two major fabless semiconductor companies, Nvidia and Qualcomm, are the clients of TSMC only. Samsung, the rival company of TSMC, has announced to invest $355 billion to manufacture 3nm chips to beat TSMC.

    The process of manufacturing Semiconductor Chips

    Semiconductor chips are made using a semiconductor, silicon. The process of making semiconductor chips involves more than 59 types of equipment and different steps which are required to be repeated to create layers in a chip. A chip  can consist of as many as 100 layers which means that the steps have to be repeated in the same number.

    The wafers of silicon extracted from sand are transformed into transistors that form the base of a group of circuits called chips. The following steps outline the process of creating a layer in a semiconductor chip-

    • The first step is to coat the wafers with photosensitive chemicals and light resistant materials.
    • Then there’s lithography performed at the second stage where coated silicon wafers are exposed to UV light inside a lithography machine. The light is passed through a mask containing the chip’s blueprint onto the wafer to print the pattern.  This process makes it possible to build hundreds of chips on a single silicon wafer.
    • The area exposed to light then gets hardened and the unexposed soft areas are etched away by hot gasses.
    • The next step involves the use of ionic gasses to modify the conductive properties of the layer created by adding some impurities and then finally the metal links are laid down between transistors, thereby creating one complete layer.

    All of these steps are to be repeated to create subsequent layers.

    Why can’t we just produce more chips to meet the soaring demand?

    If there’s a chip shortage then why don’t more companies get into semiconductor chip production and reduce this gap between demand and supply? Well, to know the answer to this question we need to first understand the complexities of making chips and the semiconductor industry.

    What makes manufacturing semiconductor chips so complicated?

    Though the chip is a tiny thing in terms of size, it involves the most complicated and expensive processes. Here’s the list of factors which makes it difficult for any company to enter this industry-

    • It requires land, permits, natural infrastructure, electricity, complicated machines and a lead time of more than 2 years to set up the mega-expensive fabrication plants and factories that build these chips. In 2021, Samsung announced plans for a 17 billion dollar chip plant in Texas to be opened in 2024.
    • Manufacturing a chip is also a complex procedure which takes a considerable amount of time. It takes almost 3 months to turn the raw silicon into that final chip which is put into devices.
    • The manufacturing process is atomic level and requires expensive factory equipment.
    • Also, the rooms where silicon is put into chip-making machines are required to be absolutely dust-free. A single speck of dust can waste all efforts and millions of dollars.
    • Semiconductor chip production involves a complex network of companies that produce or design them, along with those that supply the technology, materials and machinery required.

    How did the Russia-Ukraine war impact the Industry even more?

    Participation of Russia and Ukraine in the global supply of Palladium and Neon respectively.
    Participation of Russia and Ukraine in the global supply of Palladium and Neon respectively. 

    Neon is required for lasers used in lithography for producing chips. Last year, the global consumption of neon for chip manufacturing was around 540 metric tonnes. The Russia-Ukraine war has worsened the global chip shortage because more than half of the world’s neon is produced by two Ukrainian companies only- Ignas and Cryin who had to shutter their operations. So, this will have an intense impact on the semiconductor industry. Moreover, Russia’s palladium supply can also be affected due to the war. The shortage of palladium which is essential for catalytic converters applied in exhaust systems of automobiles can indirectly have a potential impact on the semiconductor industry by way of less demand of chips by automakers.

    Conclusion

    Semiconductor foundries need a huge capital investment of billions of dollars and a considerable period of time to set up. Moreover, these foundries cannot produce chips at a very fast pace because the manufacturing process also takes time and requires expensive equipment. All this makes it difficult for any company to get into the industry and even if any company does so, it becomes difficult for them to compete with the big fish and make profits. That’s why when it comes to semiconductor chip manufacturers, we get to hear only a few names who have acquired a huge market share in the industry over time.

    FAQs

    What are semiconductor chips made of?

    Semiconductors also referred to as integrated circuits (ICs) or microchips, are made from pure silicon.

    Who is the largest manufacturer of semiconductor chips?

    Taiwan’s TSMC is the largest manufacturer of semiconductor chips.

    What are the best 5 semiconductor companies to invest in?

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC), Intel Corp (INTC),  Nvidia (NVDA), Advanced Micro Devices Inc (AMD), Micron (MU).

  • Top 3 Worst-hit Companies by the Global Semiconductor Shortage

    For any business involving semiconductors, you must have heard or seen about the chip shortage lately. Well, creating a chip is an extremely long, entangled and expensive process, which definitely puts it in the spot of shortage.

    Chips (Semiconductor or microchip) have made many things possible today. These are the major elements for any gadgets or you can simply refer to them as the life of the gadgets. And for this semiconductor industry, Taiwan dominates over everyone in this entire world. It is even responsible for more than half of the global market share of generating these chips.

    But lately, in the pandemic of Covid-19, a major shortage of these silicon chips have been noted. According to a report by IEEE Spectrum, the automakers abolished the production of vehicles at the very beginning of the pandemic and ordered huge amounts of chips.

    Looking at these statistics, the chipmakers thought that other industries will also follow this and this resulted in decreased chip production. But what actually happened was entirely the opposite of what the chipmakers thought! Demands for chips rose because of the digital remote of the classrooms and offices.

    Because of this, some of the biggest companies across the world got affected pretty badly. And that’s what we are discussing in this article. We have described how some of the top companies got affected by the shortage of chips. Let’s get started!

    Top 3 Companies affected by Global Chip Shortage

    Apple
    Nintendo
    Sony
    FAQ

    Apple

    Apple iPad 2021
    Apple iPad 2021

    This might come as a little shocking to you that a company as big as Apple gets affected by the chips shortage! But this is true.

    As of April 2020, Apple published its second-quarter revenue report which clearly outdated the estimation made by the analysts. Within the same period, the CFO Luca Maestri, through a conference call, warned the company that because of the supply limitations, the revenue can be decreased by $3-4 billion, that is, its third-quarter revenue. He mentioned that because of the shortage in the chip’s supply, the sales of iPads and Macs can be majorly affected.

    These gadgets carry a very high demand among the customers, especially in the pandemic when everything went digital. The CEO of the company, Tim Cook said that the chip shortage only affected the “hereditary nodes” of the previous chips, although the company didn’t really reveal the specification of the chip.

    Apple entirely relies on Taiwan Semiconductor Manufacturing, for the production of chips needed for the creation of Apple’s products.

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    Nintendo

    Nintendo Switch OLED
    Nintendo Switch OLED

    The company, Nintendo, has already established itself with some very serious complications. This was mainly because the investors questioned how Nintendo’s aging Switch gaming console could survive or beat the PS5 and Microsoft’s Xbox series consoles. But the company proved everyone wrong when it came out with a tremendous fourth-quarter revenue report, beating the estimation made by the analysts.

    Nintendo got majorly affected because of the chip shortage and brought hard competition to the robust sales of the company throughout the pandemic. Because of this, the company is expected to decrease the operating profit up to 9% and 22%. Alongside, the annual Switch console shipment will also decrease by around 11%.

    Nintendo uses the fast NVIDIA chip along with the Samsung OLED display for the development of its upgraded Nintendo Switch OLED. But because of the chip shortage, it became difficult to launch these.

    Sony

    Sony PS5
    Sony PS5

    The very famous Sony came out with the latest PS5 consoles at the end of 2020. Chips were expected to play a very vital role in this as they would enhance the gaming and networking services segment. This alone holds the revenue of 30% along with 35% of the operating profit in the fiscal year 2020.

    The gaming and network services rose up to 35% in revenue in the year 2020 which increased the sales of PS4 software alongside the launch of PS5’s launch. In fact, the PS5 also witnessed huge profit at the beginning of its sales. Sony sold around 7.8 million PS5 units by the end of March 2020 and the estimated data showed that the sales would increase more vibrantly throughout the year.

    But because of the global chips shortage, the PS5 console could not reach the growth trajectory which was expected to rise with great heights. The chip shortage caused delays in the third-party game publishers that resulted in the postponing of the PS5 console among the larger audience.

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    Conclusion

    The global chips shortage resulted in some major losses for companies. Although both Sony and TSMC are working on speeding the production of chips all over the world. Still, many doubt that won’t be possible on a larger scale. Many theories and speculations have been made on this venture but still, no proper answer has been finalized for a better cause.

    The chips/microchips/semiconductors are the basic element for any electronic gadgets and companies like Apple or Sony that produce these on a massive scale face major issues and losses during such crises. In this article, we highlighted the three major companies that faced a major crisis because of the shortage of chips.

    FAQ

    Why is there a silicon chip shortage?

    The reason behind global chip shortage is supply chain disruptions due to the pandemic and a sharp rise in demand for electronic goods.

    How long will the chip shortage last?

    According to some analysts the shortage will likely last until 2023.

    Which is the largest chip manufacturer?

    Taiwan Semiconductor Manufacturing Co. or TSMC, is the world’s largest contract manufacturer of the semiconductor chips.

  • Interesting Facts About Samsung That will surprise you

    In this cutthroat competition market, being a leader is not a layman’s job. With hundreds of companies emerging every day and hundreds being established, it is still Samsung, which is standing tall as its leader. It all is rooted in South Korea, and it took birth in 1938. The Korean multinational company has its headquarters in the Samsung Town of Seoul. In this present competition scenario, Samsung stands at the 8th major with global brand value. Before knowing some surprising facts about Samsung, let’s have a look at its highlights.

    However, it is famous for its quality smartphones and other electronic accessories. But a few are present in the whole population who have the idea of the fun and interesting facts about Samsung. Hence, it follows:

    Samsung was never about electronics
    Samsung is a Self-Dependent company
    Samsung has a record of Employees
    What Samsung meant?
    Samsung Love for South Korea
    Samsung’s The first CDMA Phone
    Samsung rejected Android OS
    Samsung story behind it’s logo
    Samsung has it’s own Font
    Samsung supplies products to rivals
    Samsung made Fighter jet for South Korea
    Samsung to make a self-driving car
    Samsung recalled millions of Smartphones
    Samsung’s Best-selling Smartphone
    Samsung’s first QLED TV
    Conclusion
    FAQs

    Now let’s discuss these points in detail.

    Samsung was never about electronics

    Samsung Noodles
    Samsung Noodles

    In the initial days of the establishment, Samsung sold noodles and other associated products. As noodles are a traditional food in Korea, it all started from noodle production. But it was later in the 1970s when the second thought buzzed in. In the year 1970, Samsung produced its first electrical product, which was eventually a 12-inch of black and white TV. Hence, then only, following the steps, the production of electronics started.

    Samsung is a Self-Dependent company

    While other electrical companies depend on other brands and companies for the accessories and supporting products. It is Samsung which is very focused on creating the most possible equipment in-house. Therefore, working tirelessly on fulfilling this aim, in the present time, Samsung produces almost 90% of its goods. It all gets made in the Samsung factory and other brands also sometimes buy it from Samsung.

    Samsung has a record of Employees

    As we know, Samsung is a worldwide company, so Samsung has its manufacturing and sales branches covering all the world. Hence, to team up well and for proper functioning, Samsung employs a huge 4,89,000 employers in over 79 countries. And this number is a record itself. No other brand has this number of employees working all around the world.

    What Samsung meant?

    Every brand has its backstory. And the backstories are really interesting. Similarly, the name ‘Samsung’ originated from a Korean word. In Korea, the word Samsung means a set of 3 stars or ‘Tri-Star’. Defining the meaning of the 3 stars, the company explained, it means Powerful, Big, and Gigantic. And, hopefully, they try every time to prove this in their every product.

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    Samsung Love for South Korea

    Samsung South Korea
    Samsung South Korea

    The relation between Samsung and South Korea is considered very strong and helpful. It is not only like the company originated from South Korea, but it has also been fruitful to the country. The country has gained almost 17 to 20 percent of the whole GDP, alone from this company only. Samsung is the number one company, which earns revenue for South Korea. Hence, the company has been a Gospel of Mammon for the country.

    Samsung’s The first CDMA Phone

    Samsung First CDMA Phone
    Samsung First CDMA Phone

    In this modern civilized society, high-speed networks like 4G and 5G are the only ones ruling all over. While back in the 90s, CDMA technology was the only fastest-growing technology available. And, it was Samsung which was the first company to introduce a phone, featuring CDMA technology. That phone was named as Samsung Stunt SCH-100 and it was successful all the way. This phone was introduced in 1996.

    Samsung rejected Android OS

    Everyone is concerned that; it is Google that owns the android at the moment. But back in the year 2004, when Android developers were a startup, they pitched the idea to the Samsung company. But at that time, Samsung didn’t like the idea and rejected it. But the android developers met google after 2 weeks, and google was amused by the idea. Hence google acquired it and launched it in 2005. Hence, it might be Samsung who would have owned and dominated the smartphone business, if they would have not rejected it.

    Samsung Logo
    Samsung Logo

    When the company was first introduced, it was introduced with a specific logo, back in 1938. But after almost 20 years, the company again reframed its logo and again in the year 1970, for unspecified reasons. And finally, the logo of the Samsung electronics got changed in 1980, which is used till now. But later a new logo was introduced in 1993, which is being used in the other products, like TVs, refrigerators, and smartphones.

    Samsung has it’s own Font

    Not every company has its own fonts to use. Samsung owns its own font and uses it in every device. This font is named Samsung One and was released in the year 2016. One can find this font in every Samsung product. It may be any smartphone or monitor.

    Samsung supplies products to rivals

    Samsung not only manufactures its goods but also makes products for its rival companies. It might sound a little weird, but it is true. It is believed that Samsung produces RAM, NAND flash, and OLED displays for one of the leading smartphone companies, the iPhone. It’s the reason Samsung earns around 110 dollars per iPhone X production.

    Samsung made Fighter jet for South Korea

    Samsung fighter Jet for South Korea
    Samsung fighter Jet for South Korea

    As said earlier, South Korea owes a lot to Samsung. Likewise, the South Korean air force has a lot of acknowledgments and applause for the company. It is because this electronic giant actually created the first-ever fighter jet for the country which is named KF-16.

    Samsung to make a self-driving car

    Modernization is a rapid change in society. Samsung also started walking on this step and has initiated the manufacturing of the self-driving car in South Korea. It was in May 2017, when Samsung got the permission to have the trials of this self-driving car.

    Samsung recalled millions of Smartphones

    Stressing in the quality, Samsung called back almost 2.5 million smartphones of the Note series. This decision was taken keeping an eye on the battery issue and the malfunctions arising in this series. Later it got sorted out.

    Samsung’s Best-selling Smartphone

    Samsung Galaxy S4 - the most selling smartphone
    Samsung Galaxy S4 – the most selling smartphone

    It is recorded that the Samsung Galaxy S4 was the most selling smartphone around the world. This smartphone had around 80 million total sales, across the globe. And, this sale was the best android based smartphone sale ever.

    Samsung’s first QLED TV

    Setting another record and benchmark, Samsung was successful in producing the world’s first QLED TV, in February 2017. This had the quality of showing 100 percent volume of color. Ultimately this meant a picture which one can feel almost.

    Conclusion

    Hence, it is Samsung which was, is, and hopefully will be the one, who would be standing tall in this smartphone business. The true quality and customer support have made this company one of the most successful and the most recommended companies across the globe. It is the innovation and new technology which make this giant more gigantic. And hopefully, they must carry on the same.

    FAQs

    What is Samsung best known for?

    Samsung has specialization in the production of consumer and industry electronics, semiconductors, memory chips, and other appliances.

    Is Samsung a Korean company?

    Yes, Samsung is a South Korean multinational conglomerate headquartered in Seoul.

    How many employees does Samsung company have?

    Samsung has around 489000 employees.

  • Samsung Electronics—A Detailed Case Study

    Samsung is a South Korean electronic gadget manufacturer in Samsung Town, Seoul. Samsung Electronics was established by Lee Byung-Chul in 1938 as an exchanging organization.

    We all know this information about Samsung. Don’t we? But what we don’t know? Do you know how much Samsung has grown in these years? What are the Future Plans of Samsung? How much Samsung invested in its R&D? What difficulties did the company face coming all this way? What is the history behind this multinational conglomerate?

    Don’t worry we got you covered. We have penned down a detailed Case Study on Samsung Electronics. Let’s find out in this thoroughly studied Samsung case study.

    Let’s start the detailed case study from here.

    Samsung entered the electronics industry in the late 1960s and the development and shipbuilding ventures in the mid-1970. Following Lee’s demise in 1987, Samsung was divided into five business groups – Samsung Group, Shinsegae Group, CJ Group, Hansol Group and Joongang Group.

    Some of the notable Samsung industrial subsidiaries include Samsung Electronics, Samsung Heavy Industries  Samsung Engineering, and Samsung C&T (separately the world’s 13th and 36th biggest development companies). Other notable subsidiaries include Samsung Life Insurance, Samsung Everland, and Cheil Worldwide.

    Samsung has a powerful influence on South Korea’s monetary advancement, legislative issues, media, and culture. Samsung has played a significant role behind the “Miracle on the Han River”. Its subsidiary organizations produce around a fifth of South Korea’s complete exports. Samsung’s revenue was equivalent to 17% of South Korea’s $1,082 billion GDP.

    History of Samsung Electronics
    Samsung’s Business Strategy
    Samsung Rides High In India
    Business Growth in India
    Future Plans of Samsung
    FAQ’s

    History of Samsung Electronics

    Lee Byung-Chul | Founder, Samsung

    1938 (Inception of Samsung)-

    • In 1938, Lee Byung-Chul (1910–1987) of a huge landowning family in the Uiryeong region moved to nearby city Daegu and established Samsung Sanghoe.
    • Samsung began as a little exchanging organization with forty representatives situated in Su-dong. It managed dried fish, privately developed staple goods and noodles. The organization succeeded and Lee moved its head office to Seoul in 1947.
    • When the Korean War broke out, Lee had to leave Seoul. He began a sugar processing plant in Busan named Cheil Jedang. In 1954, Lee founded Cheil Mojik. It was the biggest woollen factory in the country.
    • Samsung broadened into a wide range of territories. Lee wanted to build Samsung as a pioneer in a wide scope of enterprises.
    • In 1947, Cho Hong-Jai, the Hyosung gathering’s organizer, put resources into another organization called Samsung Mulsan Gongsa or the Samsung Trading Corporation with Samsung’s founder Lee Byung-Chul. The exchanging firm developed into the present-day Samsung C&T Corporation.
    • After few years in business, Cho and Lee got separated due to the differences in the management style. In 1980, Samsung acquired the Gumi-based Hanguk Jeonja Tongsin and entered the telecommunications market. During the initial days, it sold switchboards.

    1987 (Demise of Lee Byung-Chul)-

    • After Lee’s demise in 1987, the Samsung Group was divided into four business gatherings—Samsung Group, Shinsegae Group, CJ Group, and the Hansol Group.
    • One Hansol Group agent stated, “Just individuals uninformed of the laws overseeing the business world could think something so ridiculous,” while also adding, “When Hansol got separated from the Samsung Group in 1991, it cut off all installment assurances and offer holding ties with Samsung subsidiaries.”
    • One Hansol Group source attested, “Hansol, Shinsegae, and CJ have been under autonomous administration since their particular divisions from the Samsung Group.”
    • One Shinsegae retail chain official executive stated, “Shinsegae has no installment certifications related to the Samsung Group.” In 1982, it constructed a TV get-together plant in Portugal, a plant in New York in 1984, a plant in Tokyo in 1985 and an office in England in 1996.

    2000 (Samsung in 20th Century)

    • In 2000, Samsung opened a development center in Warsaw, Poland. It started with set-top-box technology before moving to TV and cell phones. The cell phone stage was created with accomplices and formally propelled with the first Samsung Solstice line of gadgets and different subordinates in 2008. It later emerged into the Samsung Galaxy line of gadgets that is Notes, Edge, and other models.
    • In 2010, Samsung declared a ten-year development system based on five businesses. One of these organizations was to be centered around bio-pharmaceuticals in which ₩2,100 billion was invested.
    • In the first quarter of 2012, Samsung Electronics turned into the world’s biggest cell phone creator by unit deals, surpassing Nokia which had been the market chief since 1998.
    • In 2015, Samsung was granted U.S. patents as compared to other organizations like IBM, Google, Sony, Microsoft, and Apple. Samsung got 7,679 utility licenses before 11 December 2015.
    • On 2 August 2016, Samsung Electronics revealed the Galaxy Note7 smartphone, which went on sale on 19 August 2016. At the beginning of September 2016, it halted its selling of smartphones due to some problems with the smartphones. Samsung suspended the selling of the smartphones and recalled its units for inspection.
    • This happened after certain units of the telephones had batteries with a deformity that made them produce extreme warmth, prompting flames and blasts. Samsung replaced the reviewed units of the telephones with a new version. It was later found that the new version of the Galaxy Note 7 also had the same battery deformity.
    • Samsung recalled all Galaxy Note7 cell phones worldwide on 10 October 2016 and permanently ended its production on the same day.

    Samsung’s Business Strategy

    Business Strategy of Samsung Electronics

    Great business strategies have been applied by Samsung over the years. Not very far back, Samsung wasn’t as famous as now. Samsung has now advanced so much that it is the principal contender of Apple Inc. Samsung is the biggest tech business by income and the seventh most significant brand today. The showcasing procedure it applied encouraged Samsung electronics to turn into an industry driving innovation organization.

    The Samsung marketing strategy was one of the best systems at any point because it helped a cost-driven organization to change its structure and become a power producer. Due to the consistently changing tastes of purchasers in the innovation business, organizations needed to pursue the pace and offer dynamic and advancing devices to their clients. In this way, Samsung additionally needed to change to pick up the high ground available, and the new Samsung showcasing methodology was the way to advancement.

    Some of the business strategies of Samsung Electronics are listed below:

    Promotional Mix Of Samsung

    Samsung has arrived at fantastic statures with its cell phones which helped the brand to turn into an image of value and unwavering quality for its purchasers.

    Samsung Marketing Mix Pricing Strategy and Samsung Advertising Methodology are the two estimating techniques used by the organization. Other than its items, Samsung is celebrated for its customer support. However, item variety is the most dominant part of the promoting blend of Samsung.

    Skimming Price

    Like Apple, Samsung uses skimming costs to pick up the high ground over its rivals. For example, Galaxy S6 and S6 Edge are the brand’s new results of Samsung conveying the trademark “Next is Now” and guaranteeing that they are the best smartphone maker at any point made.

    What will happen when different contenders will dispatch a cell phone with indistinguishable highlights? Straightforward. Samsung will bring down the cost and effectively steal the customers from its competitors.

    Focused Pricing

    Samsung experiences issues in increasing an edge over its rivals with different items. Doubtlessly, Samsung is a credible brand. However, regarding home appliances, it can’t be in any way, shape, or form outperform LG In the cameras segment and other home appliance units. Also, Samsung cannot compete with Canon and Nikon.

    For Samsung to withstand this savage challenge, it’s crucial to utilize aggressive valuing of its products. Moreover, Samsung is neither a newbie underway nor non-inventive. For the most part, it is often the first company to be innovative with its products and present a change among its competitors.

    Putting in Samsung Marketing Strategy

    Samsung uses divert advertising strategies. Retailers who present the innovation chain will undoubtedly incorporate Samsung in their rundown on account of the firm being a world-celebrated brand. Samsung can likewise fill in as an option for the purchasers. The circulation is a convincing piece of the Samsung promoting methodology.

    In specific urban communities, Samsung has an agreement with a solitary dissemination organization that circulates the items all through the city. For example, Mumbai is an incredible case where Samsung conveys its products through a solitary organization.

    Samsung Rides High In India

    Profits of Samsung Electronics (Credit-Statista)

    The greatest leader by far in the smartphone business is Samsung Electronics, the world’s greatest cell phone and TV producer.

    Samsung is India’s greatest, versatile brand. It is the developer of Reliance Jio’s 4G LTE system — the greatest and busiest information system on the planet.

    Discernments, advertise wars, openings, rivalry — now and then from conventional remote adversaries, from nearby upstarts, and emerging Chinese brands trouble Samsung.

    Be that as it may, every time Samsung has had the option to fight off the dangers and hold its ground. It has been leading the market in the TV fragment for more than 12 years and in the versatile business for a long time after it toppled Nokia in 2012.

    Riding The Smartphone Wave

    As indicated by some statistical surveying firms following cell phone shipments, Chinese firm Xiaomi is creeping nearer — or has even surpassed Samsung after December 2017 quarter.

    While for the entire year 2017, Samsung was No. 1 in the cell phone space, IDC information indicated Xiaomi drove the last quarter with 26.8% piece of the overall industry. Samsung was at 24.2%. Different players, for example, Vivo, Lenovo, and Oppo stayed at 6.5, 5.6, and 4.9%, separately.

    Warsi, who has been working with Samsung for as far back as 12 years and has as of late been advanced as Global Vice President, is unflinching, “These difficulties offer us the chance to work more earnestly for our customers and with our accomplices.

    Furthermore, shoppers love marks that emphasis on them,” he says. “Samsung is India’s No. 1 cell phone organization crosswise over sections — premium, mid and reasonable. That is what makes a difference.”

    Statistical surveying firm GfK tracks disconnected offers of handsets — which make up around 70% of the market — in which Xiaomi is attempting to make advances.

    Samsung had a 42% worth piece of the overall industry in the general cell phone showcase in the nation in 2019 and 55% in the superior fragment as indicated by GfK. An industry official who would not like to be named says that India must be Samsung’s greatest market by large volumes.

    The thought currently is to become the cell phone business which gets more worth. As indicated by reports, Samsung India’s incomes from cell phone deals in 2018-19 remained at an astounding INR 34,300 crore. That is over $5.5 billion and development of 27%. Samsung’s nearest adversaries are talking about incomes of $1 billion in India, going up to $2 billion.

    Samsung is the world’s largest manufacturer of consumer electronics by revenue. As of 2019, Samsung Electronics is the world’s second-largest technology company by revenue, and its market capitalization stood at US$301.65 billion, the 18th largest in the world.

    Shopper Is At The Center

    Growth of Samsung Electronics (Credit-canalys)

    Samsung is a worldwide advancement powerhouse that leads the patterns. It profoundly put resources in India — 22 years of connections in the exchange, and tremendous interests in neighborhood R&D. It has around 10,000 architects working in research offices in India and is perhaps the greatest scout from the IITs.

    “Samsung has a solid brand picture in India, as it has been available in various customer electronic portions with quality items for quite a while now. The brand is trusted because of its long history in the nation, dish India nearness, and a vigorous after deals support for buyers,” says Shobhit Srivastava, explore expert at Counterpoint Research.

    Indeed, even an item fizzle of the size of the Galaxy Note7 in September 2016 couldn’t affect Samsung. While the organization was fast enough to get back to every one of the units that had been sold and cease the gadget totally, Samsung’s activities and ensuing effective dispatches of leads like Galaxy S8, Note8, the Galaxy S9 and S9+, which were propelled in February, rescued the harm and raised the profile of the brand as a dependable organization. “They rushed to concede their error and that helped them interface with the perceiving clients of today far superior,” says Koshy.

    Make For India

    Samsung’s system ‘Make for India’, which resounds with the administration’s ‘Make in India‘ activity, was conceived in the late spring of 2015. Samsung India’s new President and CEO, H.C. Hong, had recently moved in from Latin America and was looked with the prompt tough assignment of fighting a firm challenge from two nearby versatile organizations that is Micromax and Intex.

    Samsung’s customer hardware business containing TVs, fridges, and other advanced machines were additionally confronting challenges from Sony and LG.

    Around a similar time, the legislature of India propelled its ‘Make in India’ activity. “In this way, Mr. Hong revealed to us we have been doing Make in India effectively for two decades. What we should concentrate on widely to remain on top of things is Make for India (MFI),” says Dipesh Shah, Managing Director of Samsung R&D Institute in Bengaluru, the greatest R&D community for Samsung outside Korea.

    Truth be told, the R&D focuses in India contribute intensely to the improvement of worldwide items, for example, Samsung’s lead cell phones (Galaxy S9 and S9+). While different organizations focused on propelling their worldwide items in India, Samsung went about rethinking items for the nation at its R&D focuses.

    India is significant for Samsung, thinking of the nation as the second biggest cell phone showcase on the planet today, and it is possibly the greatest undiscovered market for some advanced apparatuses. The entrance of iceboxes, clothes washers, microwaves, and forced air systems are appallingly low because of components like the accessibility of continuous power, social conduct, way of life, and earnings.

    Business Growth in India

    Business Growth of Samsung

    Samsung India crossed the INR 50,000 crore deals achievement in 2017 according to the simply distributed organization filings with the Registrar of Companies (RoC), uniting its situation as the nation’s biggest unadulterated play purchaser products MNC. The Korean mammoth’s all-out salary, including turnover and other pay, developed by 15.5% to INR 55,511.9 crore in FY 2017 from INR 48,053 crore in the earlier year regardless of Chinese organizations making genuine advances into the Indian cell phone advertise.

    Samsung’s cell phone business developed deals at 26.7% to INR 34,261 crore, while the home apparatus business developed by 12% to INR 6,395.6 crore. The organization’s TV business stayed dormant at INR 4,481.2 crore even though Samsung held the market initiative.

    The organization’s net benefit developed at a quicker pace of 38% to INR 4,156.2 crore which industry examiners credited to more concentrate on premium models crosswise over cell phones and customer hardware having higher edges.

    Samsung, in its filings, said the ‘Make for India’ activity, through which a large portion of the items was planned and created given the Indian customer’s needs, has been an enormous achievement and a major factor behind the development.

    All the units at Samsung India improved their gross productivity with the TV business dramatically increasing it and the home machine business nearly trebling it. The cell phone business was the biggest supporter of gross benefit having developed by 44% in FY17 at INR 5,005.9 crore.

    Future Plans of Samsung

    Samsung Future Plans

    Samsung has arranged a new venture of around INR 2,500 crore to transform its India tasks into a center for parts business, two senior industry administrators said. The ventures could be increased further, they included. The Korean organization has set up two new parts fabricating substances in India—Samsung Display Co and Samsung SDI India—for the generation of cell phones and batteries.

    Independently, Samsung’s funding arm—Samsung Venture Investment Corp—has set up activities in India to support new companies in gadgets equipment and programming organizations. The segment organizations will supply items to both Samsung India and other cell phone merchants who as of now source parts from Samsung’s abroad tasks.

    Samsung sees a big opportunity for segment business considering the administration’s push on ‘Make in India’ where expense on imported cell phone segments and purchaser hardware is going up, the administrators said.

    Samsung is likewise pitching to the administration for fare impetuses so it can even fare segments from India. Samsung Display has just marked an update of comprehension with the Uttar Pradesh government for an INR 1,500 crore plant for assembling telephone show to be operational by one year from now April. The plant will come up in Noida, the administrators said.

    Samsung SDI India has plans to set up an assembling unit in India for lithium-particle batteries after the organization was drifted a month ago, according to its administrative filings with the Registrar of Companies (RoC).

    As per the administrators, Samsung SDI has plans to contribute another INR 900-1,000 crore and will settle the plans after counseling with the Center post general races. These speculations come after it introduced the world’s biggest cell phone fabricating unit in India a year ago at an all-out cost of INR 4,915 crore. It is expected to be completed in 2020.

    That’s all for now. Share your learnings and findings. What did you learn from this article? Which information surprised or amused you the most? Feel free to reach us and share your feedback. We would love to hear from you. Do comment us in the comments section below. Happy Reading.

    FAQ’s

    Who is the owner of Samsung Electronics?

    Samsung Group is the owner of Samsung Electronics.

    Who is the Founder of Samsung?

    Samsung Electronics was established by Lee Byung-Chul (1910–1987) in 1938 as an exchanging organization.

    Who is the current CEO of Samsung?

    Kim, Ki Nam, Kim, Hyun Suk and Koh, Dong Jin are the current CEO of multinational conglomerate Samsung.

    What does Samsung Electronics make?

    Samsung Electronics produces smartphones, TV sets, laptops, solid-state drives, digital cinemas screens, etc.

    Is Samsung a Chinese company?

    Samsung is a South Korean electronic gadget manufacturer in Samsung Town, Seoul.

    What is Samsung’s strategy?

    Some of the business strategies of Samsung Electronics are listed below:

    • Promotional Mix of Samsung
    • Skimming Price
    • Focused Pricing
    • Putting in Samsung Marketing Strategy

    How large is Samsung Electronics?

    Samsung is the world’s largest manufacturer of consumer electronics by revenue. Samsung Electronics is the world’s second-largest technology company by revenue, and its market capitalization stood at US$ 301.65 billion, the 18th largest in the world.

    What are the future plans of Samsung Company?

    Samsung has arranged a new venture of around INR 2,500 crore to transform its India tasks into a center for parts business, two senior industry administrators said.

  • Reasons Why Nokia is planning to cut over 10,000 jobs

    Nokia Corporation is a Finnish multinational company. It deals in telecommunications, consumer electronics, and information technology. The company was founded in the year 1865. It has its headquarters in Finland.

    Nokia is the world’s third-largest network equipment manufacturer according to 2018. The company had 1,03,000 employees and businesses in around 130 countries. Recently the company had announced that it would cut more than 10,000 jobs to reduce the costs of the company.

    Certain reasons for cutting down on the jobs would include investing into research facilities.

    New Long Term Plan of Nokia
    Reasons for Job cut
    Nokia to Invest in Research and Development
    Competition of Nokia
    FAQ

    New Long Term Plan of Nokia

    The new CEO of the company has new plans for the growth of Nokia. After being appointed as the CEO last year, Pekka Lundmark has been taking steps to recover Nokia’s products. Under the previous management, there were certain missteps taken regarding the product. This led to the fall of Nokia and destroyed its ambitions in the 5G sector.

    Nokia has announced a new strategy in October. According to the strategy Nokia will have four business groups. Pekka Lundmark also said that the company would do anything that would take for them to maintain the lead in 5G.

    It is expected that Pekka Lundmark will discuss the long-term strategy, financial targets, and action plans during the company’s capital markets day.

    Reasons for Job cut

    According to the new strategy the company is trying to cut down the costs of the business. The company had said in a statement that by the year 2023 the company expects its restructuring and associated charges to be in between 600 million Euros (around INR 5,100 crores) to 700 million Euros (around 6,100 crores).

    After the acquisition of Alcatel-Lucent which was a global telecommunication company, Nokia to cut thousands of Jobs. As of now, Nokia has around 90,000 employees.

    The company expects that the recent restructuring programme would reduce the company’s cost by around 600 million Euros by the end of 2023. Half of the savings of the restructuring programme are expected to be realized by 2021. Reducing down the costs is one of the major reasons for cutting down the jobs of employees.

    Nokia to Invest in Research and Development

    The company is planning to invest more into Research and Development programmes for improving on the product and to make changes in the missteps taken during the previous management.

    Sami Sarkamies who is an analyst working with Nordea said that the saving programme of Nokia is bigger than it was expected. He said that the interesting fact would be that it would not result in reducing the costs.

    Sami Sarkamies also said that the company is trying to focus on Research and Development by shifting its focus from general costs. He also added that the shift in focus would result in better margins and growth of the company in the future.

    The new management under Pekka Lundmark had predicted its profit outlook and had stopped the dividend payouts.  This was after the missteps taken regarding the product by the previous management. It had reduced the market share of Nokia.

    The company has a forecast of 21.8 billion euros (around 1.8 lakh crores) to 21.9 (around 1.89 lakh crores) in 2020. It has plans to invest more into the future capabilities which include 5G, digital infrastructure, and cloud.

    Nokia's net sales from 2010 to 2020
    Nokia’s net sales from 2010 to 2020

    Competition of Nokia

    Nokia had lost a lot of contracts and has seen the value of its share to decline. Nokia and the Swedish company have been competing with each other in rolling out 5G networks. Ericsson has a lead in acquiring customers. It has won a contract with China for 5G radio contracts.

    While Nokia has not won any contracts with China and they also lost a contract with Verizon to supply 5G equipment. The Verizon contract was undertaken by Samsung Electronics.

    Nokia is setting up its new plans to challenge Swedish company Ericsson and China’s Huawei. The company is working towards catching its lead with 5G and also trying to capture shares of Huawei.

    FAQ

    Who is the founder of Nokia?

    Fredrik Idestam, Leo Mechelin, and Eduard Polón founded Nokia in 1865.

    Is Nokia Indian company?

    Nokia is an Finland based company which was recently taken over by HMD Global.

    Why did Nokia fail in India?

    After 2007, Nokia failed to sense that trends were changing and ignored the changing demands that led to fail of Nokia in India.

    Conclusion

    The Chief Executive Pekka Lundmark said that decisions regarding their employees, that would have a potential impact on them are never taken too lightly. He also said that everyone impacted through this process is supported through this and that would be his priority.

    A representative of Nokia said that these plans are Global and it would likely affect a lot of countries. They have informed the local works council in Europe and the consultation process is expected to start soon according to the applicability.

  • Is Global Semiconductor Shortage Impacting the Automotive Industry

    The global automotive and tech industries are on the edge as a wave of a supply shortage of semiconductors has hit them hard and how. Computer chips manage or probably run almost everything under the sun.

    From nuclear plants to the internet cables, stabilizing suspension systems, and regulating engine temperatures, we need them more than ever since technology surrounds us in a way that we are yet to comprehend.

    Computer chips are almost everywhere, in the cars we drive, in the smartphones we use, in devices like refrigerators, laptops, television sets, etc. We can’t imagine our lives without these. The shortage of these chips has turned down a few economies and soared for a few others around the globe.

    What are semiconductors
    Scarcity of Semiconductors around the Globe
    Reasons for the scarcity of semiconductors
    Higher demand for semiconductors
    Effects on the Indian market
    What happens next
    FAQ

    What are semiconductors

    Semiconductors or chips as we commonly know them are basic structures used for encrypting logic and memory functions in automobiles, phones, laptops, and gaming devices. Semiconductors are integrated or electronic circuits printed on conducting materials, the most common being silicon. They are the basic building blocks for making computers and running software.

    Over the decades, developers have managed to squeeze more circuits into tinier circuits making our computers and devices smaller and cheaper. The semiconductor fabrication is based on several transistors, the smallest part of the chip’s electronic component, per square millimeter. The factories or facilities that produce semiconductors are known as “Fabs”.

    The most advanced Fabs are known for semiconductors that measure 5 nanometers. That’s a millionth of a millimeter. Smaller the semiconductor, the higher the transistor count per square millimeter. The most highly functioning semiconductors are ones having a density of 100 transistors per square millimeter.

    Scarcity of Semiconductors around the Globe

    A chain reaction was set off when the pandemic hit us. As governments around the world imposed strict lockdowns, the demands for automobiles took a sharp U-turn. The automobile industry is one of the largest consumers of electronic chips as cars are turning into devices with power windows, machine control, and other features that use Artificial Intelligence. All these functions are integrated through semiconductors.

    Automakers like General Motors and Ford shut down several plants due to a decline in demand and production was brought to a halt. The sales fell drastically and companies cut short on their purchases of semiconductors.

    While the pandemic forced us to stay at home the need for indoor entertainment rose substantially. This resulted in an increased demand for tablets, smartphones, and laptops worldwide. The ripple effect called upon a higher demand for semiconductors in the tech industry. Tech companies began roping in more chips and some even stacked a few envisioning the shifts in the global demand.

    The market recovered at a better pace than anticipated and the demand for the auto making companies started to re-surface. Meanwhile, the tech industry gorged up 70% of the semiconductors being produced and left the automakers high and dry.

    Largest Semiconductor Companies by Revenue
    Largest Semiconductor Companies by Revenue

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    Reasons for the scarcity of semiconductors

    The USA is the largest producer of semiconductors in the world. Due to reforms implied by former President Donald Trump, the USA severed ties with Chinese companies and limited the chip sales export to China. China stockpiled chips and other countries followed suit.

    The American break up with Chinese companies turned the demand wave to TSMC, Taiwan Semiconductor Manufacturing Company, and other East Asian companies. TSMC and Samsung created a monopoly over the production of semiconductors which add up to 70% of the total production.

    America’s semiconductor production has plummeted to 12% from 37% since 1990. Consecutive changes in political leaders and bare minimum funds have discouraged the overall production.

    Other factors that catered to the scarcity were a huge fire in a Japanese chip factory in October 2020 and a cold snap that withered two semiconductor factories in Texas.

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    Higher demand for semiconductors

    The TSMC and other east Asian companies are working under extreme pressure to meet the demand worldwide. It might sound exuberant for the company, but it is far from what reality is.

    One might wonder why can’t more Fabs be built in order to sustain the demand. Fabs have peculiar prerequisites such as temperature-controlled environments, dust control, highly volatile pieces of equipment, and a minimum of five years of time to get it ready for production.

    Not to mention the sky-high cost requirement for setting up a Fab. No wonder the largest producer of chips America, is far from its competitors lacking the funds and support from its government.

    Reportedly, the demand has rocketed due to the requirement of semiconductors in the production of 5G smartphones. Every advancement in the electronic industry is largely based on the exploitation of semiconductors. As the world gets 5G ready, companies have massive supply demands for semiconductors.

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    Effects on the Indian market

    Indian automakers depend largely on imports of semiconductors. The worldwide demand, too few supplying agencies, and the waiting period have the Indian automakers worried as they import electronic requirements totaling to Rs 3000 crore every year.

    “The big concern for the auto industry and Mahindra, and in fact for the world, is the semiconductor shortage. (It is) something that we’re very perplexed with, and something where the end is not clearly known as to when this fall will go away,” Pawan Goenka, MD, and CEO of Mahindra & Mahindra, said during a press conference on the company’s Q3 results, on February 5.

    During Tata Motors’ press conference on its Q3 results on January 29, PB Balaji, CFO, Tata Motors, said that up until January, there has been no impact on the company due to the shortage of semiconductors. “Having said that, the risks are real and conversations are happening with all tier-1 and tier-2 suppliers and with the semiconductors industry as well to ensure that supplies continue.

    From a demand perspective, we are going very fast, and that’s also adding to the pressure that we have. This is something that is being managed on a live basis, and we will ensure that we do our best to minimize the impact.”

    “This is a challenge, and you need a hell of a lot of firefighting to get through,” Balaji added.

    What happens next

    The shortage will entail a while longer as the USA finds solutions for the production and sale of semiconductors. The world waits as new policies are put in place and the trade resumes.

    Chip companies might be benefitting from the new demand drive but this locks them up in a long-term deal which brings more pressure on production.

    The biggest winners are companies such as California-based Applied Materials and Lam search and Japan-based Tokyo Electron who make the highly complex and expensive manufacturing equipment required to produce semiconductors.

    FAQ

    Why is there a shortage of computer chips?

    The pandemic resulted in an increased demand for tablets, smartphones, and laptops worldwide. The ripple effect called upon a higher demand for semiconductors in the tech industry.

    Where are most semiconductors manufactured?

    Taiwan, South Korea and China are the countries where most semiconductors are manufactured.

    Why are semiconductors so important?

    Semiconductors are an essential component of electronic devices, , computing, healthcare, military systems, and transportation. In short Semiconductors are the Brains of Modern Electronics.

    Conclusion

    Companies around the world believe that the demand for chips will barely slow down. The share prices of TSMC and Samsung have grown over 190% and 61% respectively over the last few years, all thanks to the shortage of chips.

    The automakers falling short of chips, need to take a long hard look at their supply chain management and cost-effective pricing as many automobile companies saw a hike in their products due to this scenario.

    This might exhibit as a complex problem for bigger players in the global market but the end result is inflicted upon the consumer who is forced to pay a higher cost.