samsung overtakes intel as worlds biggest chip maker
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Samsung overtakes Intel as world's biggest chip maker

Egypt Today, egypt today

Egypt Today, egypt today Samsung overtakes Intel as world's biggest chip maker

South Korea's Samsung has overtaken US rival Intel .
Seoul - Egypt Today

South Korea's Samsung has overtaken US rival Intel as the world's biggest maker of semi-conductors as sales in the sector boom, a study published by consultancy Gartner showed on Thursday. 

Samsung Electronics "gained the most market share and took the number one position from Intel -- the first time Intel has been toppled since 1992," said Gartner analyst, Andrew Norwood. 

The total global market for semi-conductors grew by 22 percent to $419.7 billion (348 billion euros) in 2017, fuelled by growth in smartphones and other connected devices, Gartner calculated.

Samsung's sales jumped by 52.6 percent to $61.2 billion, giving it a market share of 14.6 percent, the study showed.

Intel's sales, on the other hand, grew by just 6.7 percent to $57.7 billion, or a market share of 13.8 percent. 

Booming demand for memory chips was the main factor driving growth in the semi-conductors market, Gartner said.

"Memory accounted for more than two-thirds of all semiconductor revenue growth in 2017, and became the largest semiconductor category," said analyst Norwood.

The key driver behind the booming memory revenue were higher prices due to a supply shortage, the study said. 

NAND flash prices increased year-on-year for the first time ever, up 17 percent, while DRAM prices rose 44 percent.

"Equipment companies could not absorb these price increases so passed them onto consumers, making everything from PCs to smartphones more expensive in 2017." 

Gartner suggested that the global ranking could be shaken up again this year if Singapore-based Broadcom succeeds in taking over US rival Qualcomm after its unsolicited merger offer was rejected last November.

If the tie-up eventually does go ahead, Samsung would fall back to third place in terms of revenues, Gartner calculated.

"2017 was a relatively quiet year for mergers and acquisitions. Qualcomm's acquisition of NXP was one big deal that was expected to close in 2017, but did not. Qualcomm still plans to complete the deal in 2018, but this has now been complicated by Broadcom's attempted takeover of Qualcomm," Gartner said.

The combined revenues of Broadcom, Qualcomm and NXP amounted to $41.2 billion in 2017. 

"If Broadcom can finalise this double acquisition and Samsung's memory revenue falls as forecast, then Samsung could slip to third place during the next memory downturn in 2019," said Norwood.

Source:AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

samsung overtakes intel as worlds biggest chip maker samsung overtakes intel as worlds biggest chip maker



GMT 14:00 2014 Tuesday ,04 November

Bashir, Salva Kiir hold talks

GMT 20:47 2011 Friday ,24 June

TV\'s Columbo, Peter Falk, dead at 83

GMT 14:55 2011 Tuesday ,03 May

Tank-backed Syrian forces take control of Daraa

GMT 06:30 2011 Monday ,06 June

William and Kate to live in Kensington Palace

GMT 08:09 2013 Thursday ,08 August

Toshiba introduces a wide range of laptops, Satellite

GMT 13:03 2012 Monday ,06 February

\'Jack and Jill\' sets new low for comedies

GMT 13:38 2017 Sunday ,12 March

‘Kong: Skull Island’ film review

GMT 11:44 2015 Monday ,24 August

Maldives ex-president Nasheed back in jail

GMT 14:43 2015 Sunday ,24 May

Sisi's participation in WEF highly important

GMT 22:40 2011 Saturday ,27 August

Saudi prince in Mogadishu

GMT 01:24 2015 Monday ,23 March

Al-Araby, Algerian PM discuss regional crisis

GMT 17:47 2016 Wednesday ,01 June

Egypt, Hungary probe anti-suicide efforts

GMT 00:32 2016 Tuesday ,01 November

Crown Prince of Abu Dhabi meets President of Belarus

GMT 06:41 2011 Monday ,12 December

Right diet fixes all dental problems

GMT 07:36 2017 Monday ,31 July

Bin Salman receives leader of Sadrist movement

GMT 15:30 2014 Thursday ,24 April

Four Seasons launches 6 figure jet tour
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday