Apr 12, 2021

Gartner Reveals Global Semiconductor Revenue Grew by 10.4%

Oliver Freeman
2 min
According to Gartner, the world saw semiconductor revenue growth of 10.4% in 2020, showing that supply chain disruptions do not dampen demand for the chips.
According to Gartner, the world saw semiconductor revenue growth of 10.4% in 2020, showing that supply chain disruptions do not dampen demand for the ch...

When you consider all of the intricate parts necessary to make tech work in the modern-day, it’d be safe to say that the increasingly well-known “semiconductor” is the brain of any electrical device you now own. The semiconductor industry is responsible for creating a component that enables advancement in communications, computing, healthcare, military systems, transportation, clean energy, and a myriad of other applications. Needless to say, it’s playing an increasingly important part in everyday life. 

Back in January, the team at Gartner calculated, through preliminary findings, that the semiconductor industry’s worldwide market revenue had grown by approximately 7.3 per cent, but in a recent announcement, it turns out that growth actually hit 10.4 per cent, rising in value to US$466.2bn in 2020, despite ongoing supply chain disruptions caused by the COVID-19 pandemic. That’s a staggering level of growth in a world that has borderline fallen apart in recent times.

Gartner’s Top 10 Semiconductor Vendors

Intel, a world-leader in computer systems, retained its position as the leading global semiconductor vendor by revenue last year, following closely only by Samsung Electronics, with SK Hynix and Micron Technology lagging behind. NVIDIA, another well-known brand ─ particularly in the gaming industry ─ experienced an incredible 45.2 per cent growth, year-on-year, far outpacing the market leader, which only packed 7.4% growth over its 2019 sales. 


Intel’s semiconductor revenue growth is assumed to have come through its core client and server CPU businesses, while NVIDIA’s rise is attributed to the company’s industry-leading gaming-related and data centre businesses. 

“Memory, GPUs and 5G chipsets led semiconductor growth, driven by hyper-scale, PC, ultramobile, and 5G handset end-market demand, while automotive and industrial electronics suffered due to lower spending or a pause in spending owing to Covid-19,” said Andrew Norwood, Research Vice-President at Gartner.

Memory Accounts for One-Third of Revenue Growth

Interestingly, memory, which accounted for 26.7 per cent of semiconductor sales in 2020, was the second best-performing device category, with segmented revenue growth of 13.5 per cent. Within memory, as an umbrella term, NAND flash saw revenue soar to 25.2 per cent above the previous year, courtesy of the globally-felt 1H20 shortage. 

Norwood continued: “Memory benefited from the key trend in 2020 — the shift to home working and learning — which fuelled increased server build from hyper-scale vendors to satisfy online working and entertainment, as well as a surge in PCs and ultramobiles.

“In 2021, both NAND flash and DRAM will be in shortage, sending pricing higher though the year and revenues rocketing by around 25%.

“This sets memory focused Samsung up with a good chance of recapturing the top spot in the semiconductor market from Intel in 2021.”

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Jun 16, 2021

Grupo Espinosa: 70 years of constant evolution

Macmillan Education
Grupo Espinosa
3 min
A proudly Mexican company servicing the publishing industry with best-in-class printing, storage and distribution facilities in the heart of Latin America

Founded in 1952, Grupo Espinosa has been relentlessly supporting the publishing industry with producing more than 100 million copies every year – whether its books, magazines, catalogues or single-order custom prints. No project is big or small for Grupo Espinosa, as the facility can scale up on demand and their turnaround times are highly competitive. Grupo Espinosa works with on-demand digital press or offset press, in paperback with glued softcover binding, PUR softcover binding, stitched paperback binding, binder’s board, hardcover, saddle stitched, Spiral or Wire-O. Equipped with the experience needed for a product to leave the plant ready for distribution, Grupo Espinosa delivers anywhere inside or outside Mexico. Traditionally starting off as a black and white printing press, Grupo Espinosa has experienced transformation first hand – from colour to digital offset printing. Currently, Grupo Espinosa is also looking at making capital investments into audio books to match with the increasing demand. 

So how did a seemingly local operation in Latin America become a world-renowned printing facility trusted by hundreds of clients? As Rogelio Tirado, CFO of Grupo Espinosa for the last six years says “It all comes down to our market experience and our dedication to quality”. With nearly 70 years behind them, and located in Mexico City, Grupo Espinosa has two major locations – one spanning 75,000 square metres and the other about 45,000 square metres. Both locations are controlled by a single ERP (Enterprise Resource Planning) system ensuring speed, consistency and quality of work. Tirado says this isn’t their only competitive advantage. He adds “Our competitive advantage is the relationship we have with customers and the trust they put in us with their intellectual property”. Speaking of trust, global publishing giant Macmillan Education exclusively partners with Grupo Espinosa for their Latin America operations, as part of Macmillan’s decentralized hub strategy. Having a facility that offered the full spectrum of service – from storing digital content to printing and distributing – was one of the major requirements for Macmillan, and Grupo Espinosa was recognized as the leading printing hub for providing this 360 infrastructure. Another factor that has led to success for Grupo Espinosa is the absolute focus on quality and time. The staff are committed to providing the best quality in the best possible time, without causing wastage of resources. Sustainability is a huge factor playing into Grupo Espinosa’s operations, and they’ve created a healthy environment with the sustainable use of paper and energy resources as well as keeping their employees – most of them associated with the organisation for over 10 years – happy. He adds, “In order to be truly successful, you need to be good to the environment, employees, suppliers, and your customers. But most importantly, you need to be sustainable, you need to have proper working conditions, pay proper salaries, proper prices for paper, source the paper from sustainable sources, pay your taxes,  basically be a good global corporate citizen and that's probably one of the biggest achievements that we have.”

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