Samsung surpasses Intel to become the world's largest semiconductor supplier

Thanks to strong sales of semiconductor memory (DRAM), Samsung Electronics has bypassed its

rival Intel and took first place in the world in chip sales in the second quarter of this year.

According to the latest McClean Report published by market researcher IC Insights, chip sales in April-June totaled $ 20.29 billion, up 19% from the previous quarter.

Samsung's sales were split as follows: $ 19.26 billion in integrated circuits (ICs) and $ 1.03 billion in optoelectronic, sensor and discrete devices (OSD).

The report says that in the second quartersemiconductor sales from the top 10 firms rose 10% quarter-on-quarter to $ 95.5 billion, ahead of the industry average of 8%.

The IC Insights report states that Samsung,will likely maintain its top spot in the third quarter with $ 22.3 billion in sales, ahead of Intel by $ 3.5 billion. This forecast is based on continued demand for memory chips.

In the second quarter, Intel chip sales were $ 19.3 billion, just 3% more than in the first quarter.

The IC Insights list includes six suppliers fromheadquarters in the United States, two in South Korea and two in Taiwan, as well as four non-chip companies (Qualcomm, Nvidia, Broadcom, and MediaTek) and one Pure Foundry (TSMC).

TSMC (Taiwan Semiconductor ManufacturingCompany), a leading foundry company, remained the third largest semiconductor supplier with $ 13.31 billion in sales, up 3% from the previous quarter.

Source: icinsights

Cover: samsung

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