Monday, March 19, 2018

Samsung Electronics Topples Intel to Become World's Largest Chipmaker

The combined share of Samsung Electronics Co. and SK Hynix Inc. in the global semiconductor market stood at 20.7 percent last year, up 5 percent points from a year earlier. Samsung Electronics surpassed Intel as the world's biggest chipmaker by market share for the first time. SK Hynix jumped two spots from the 5th, following Samsung Electronics and Intel.

According to market research firm IHS Markit on March 18, Samsung Electronics’ semiconductor division posted US$62.03 billon (66.28 trillion won) in sales last year, up 53.4 percent from 2016. The company’s market share came to 14.5 percent, exceeding Intel, which had been the world’s biggest seller of chipsets for a long time, by 0.2 percent point. Last year, Intel recorded sales of US$61.46 billion (65.61 trillion won).

SK Hynix, which has become the third largest chip manufacturer, had sales of 26.64 billion (28.46 trillion won) in total last year. Its market share stood at 5.2 percent, followed by Micron Technology Inc. with 5.3 percent, Broadcom Corp. with 4 percent and Qualcomm Incorp. with 3.9 percent

Source: BusinessKorea LINK

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