➀ The article lists the top seven semiconductor companies based on market share and revenue for Q1, as reported by Counterpoint Research. ➁ It provides a brief overview of the companies' positions in the market. ➂ The article also includes links to related topics such as automotive IC vendors, distributors, SiC suppliers, and foundries.

➀ Power semiconductors handle high voltage and large current, used in various products like smartphones and EVs. ➁ The global market for power semiconductors reached $28.3 billion in 2023, with German Infineon leading at 22.8%. ➂ Japanese companies like Mitsubishi Electric and Fuji Electric also hold significant market shares. ➃ There is a growing demand for new materials like silicon carbide (SiC) and gallium nitride (GaN) to enhance efficiency in EVs and home appliances.

1. The Q1 semiconductor market saw a 2% decline to $151.5 billion according to Omdia. 2. Consumer, industrial, and auto sectors experienced significant drops, while data processing rose due to demand for NVIDIA's chips and AI-related products. 3. NVIDIA increased its market share to 14.5%, surpassing Samsung and Intel, who together hold 18.6%.

1. SMIC overtook GlobalFoundries and UMC to become the No.3 foundry in Q1 2024. 2. The top 10 foundries saw a QoQ revenue drop of 4.3% to $29.2 billion. 3. TSMC maintained its market share at 61.7% despite a QoQ revenue drop of 4.1%.