Worldwide semiconductor revenue has increased by 31.5% to reach $300.3bn in 2010, compared to 2009, according to a new report from Gartner.

Gartner said the semiconductor market in 2010 has rebounded from a 10% decline in 2009 and semiconductor market revenue increased to $71.9bn in 2010.

According to Gartner, Intel maintained its top spot for the 19th consecutive year, with revenues of $41.4bn, accounting for a market share of 13.8%.

Samsung stood second with its revenue increasing 59.8% to $28.3bn, representing a market share of 9.4%.

Samsung was followed by Toshiba, Texas Instruments, Renesas Electronics, Hynix Semiconductor and STMicroelectronics with 4.1%, 4.1%, 3.5%, 3.4% and 3.4% revenues, respectively.

Renesas Electronics was the new entrant in the top ten raking and ranked No.5 following the merger of NEC Electronics and Renesas Technology on 1 April 2010.