Tuesday May 02, 2017

Samsung May Replace Intel as World's Largest Chipmaker

Intel has been the world’s top semiconductor manufacturer since 1993, but Samsung may soon be putting an end to that record due to rising prices and demand for memory chips, which is rewarding the Korean companyآ—the world’s largest memory chipmakerآ—greatly. Aside from growing prices of memory chips, DRAM and NAND flash, Samsung has also done well for itself with chip sales, which saw profits of $5.5B, alongside a successful rollout of the Galaxy S8.

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"If memory market prices continue to hold or increase through the second quarter and the balance of this year, Samsung could charge into the top spot and displace Intel, which has held the No. 1 ranking since 1993," Bill McClean, president of the US research firm IC Insights, predicted Monday. IC Insights predicted chip sales of Intel would post $14.4 billion in the second quarter, while Samsung’s chip sales would record $14.6 billion during the same period, with on-year growth of around 4.1 percent predicted. "If achieved, this would mark a milestone achievement not only for Samsung, specifically, but for all other competing semiconductor producers who have tried for years to supplant Intel as the world’s largest supplier," the report said.