Chip manufacturers play a key role in the mobile tech industry, effectively running everything inside devices. According to a report from Digitimes, American companies were at the top of the sales leaderboard.
Qualcomm and Broadcom are the two US-based companies that dominated the market and took a total of 55% of the chip manufacturing sales. Companies based in South Korea followed, taking 21% of the market sales.
At the other end, Taiwan-based firms, like MediaTek, (which rely heavily on designing chips without owning facilities for manufacturing – known as fabless semiconductor companies), have claimed a total of 6% of the total sales (for all types of semiconductor firms).
The same report mentions companies in South Korea, such as Samsung and SK Hynix, suffered a drop of 32% in chip sales, due to weaker demand for memory chips in 2019.
The success of American firms is the fact that they managed to balance all types of manufacturing and designing chips.