What Is the Semiconductor Industry?
The semiconductor industry is a group of companies that are responsible for producing semiconductors. Semiconductors are an integral part of computers. Without semiconductors, computers are not able to function properly. As the world has become more dependent on computers, semiconductors have only become more important. As a result, a number of countries have worked to expand their semiconductor production, but there are still a few countries that are significantly ahead of the rest.
What Country Produces the Most Semiconductors?
The country responsible for the most semiconductors in the world is China. China, which has the largest population in the world, has also recently become responsible for more semiconductors than any other country. On its own, China produces approximately a quarter of all semiconductors on the planet.
There are several other countries that are close behind. For example, Taiwan, which is only a fraction of the size of China, produces approximately 21 percent of the world’s semiconductors. Taiwan has significantly increased its semiconductor production during the past few decades, becoming a major player in this industry.
South Korea produces the third-most semiconductors in the world. South Korea is home to Seoul, one of the largest cities on Earth and one of the most advanced cities on the planet. Given that South Korea is heavily dependent on computers, it should come as no surprise that South Korea is responsible for a significant portion of the world's semiconductors. South Korea produces approximately 19 percent of the world’s semiconductors.
How Is Taiwan Able To Produce So Many Semiconductors?
A lot of people are surprised that a relatively small country, such as Taiwan, is able to produce so many semiconductors. Taiwan is able to produce semiconductors because it has incredibly strong capabilities in the OEM wafer manufacturing industry. It also has the complete supply chain needed to produce semiconductors from start to finish on its island. Therefore, Taiwan is not necessarily dependent on any other country to complete its production of semiconductors. This also means that if something goes wrong with semiconductor manufacturing in Taiwan, the entire world feels it.
What Other Countries Produce a Lot of Semiconductors?
There are several other countries that produce a lot of semiconductors. For example, for the vast majority of the twentieth century, the United States was the leader in terms of semiconductor production in the world. During the past few decades, the United States has increased its semiconductor production, but other countries have simply increased their production faster.
In addition, during the 1990s, Japan was producing the second most semiconductors in the world. It had become an incredibly important part of the semiconductor supply chain. Even though Japan continues to produce a lot of semiconductors, it is no longer one of the biggest producers in the world. That title has gone to other countries, such as China, Taiwan, and South Korea. It will be interesting to see if Japan increases its semiconductor production in the future, as the chips are sorely needed.