The semiconductor industry is in a downward cycle, and everyone is busy asking for inventory, as can be seen from the manufacturers' revenue last year.

Although revenues fell 9 per cent month-on-month and 18 per cent year-on-year in the fourth quarter, the global chip industry hit an all-time high of $595.7 billion in 2022, according to Omdia, a market research firm.

Samsung Electronics once again topped the list with $67.055 billion, while Intel revenue fell 20.6% year-on-year, ranking second with revenue of $60.81 billion.

AMD's revenue grew the fastest, reaching 47.2%, far ahead of its peers, rising to seventh place at $23.777 billion in 2022.

In the top 10, there are not many manufacturers with positive growth. Qualcomm, Broadcom, MediaTek, NV and so on have all done so, and the most regrettable one is Huawei Hayes.

For a variety of reasons, Hayes's revenue fell from $8.2 billion in 2020 to $1.5 billion in 2021, a drop of $6.7 billion, which Omdia predicts may have fallen further last year.