September 20, 2022
1 min read

Samsung keeps top spot in chip market

Samsung’s Q2 share was slightly up from the 12.5 per cent it logged the previous quarter…reports Asian Lite News

Samsung Electronics expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research report showed on Monday.

Samsung’s chip revenue for the April-June period came in at a record quarterly high of $20.3 billion on the back of solid server demand, taking up 12.8 percent of the global total of $158.1 billion, according to research firm Omdia.

Samsung’s Q2 share was slightly up from the 12.5 per cent it logged the previous quarter, reports Yonhap news agency.

In the second quarter, Intel’s market share decreased to 9.4 per cent from 11.1 per cent the previous quarter.

The chipmaker reported $14.8 billion in revenue, down 16.6 per cent on-quarter.

Samsung and Intel have been locked in a fierce rivalry for many years.

In 2017, Samsung surpassed Intel as the world’s biggest chipmaker by revenue for the first time, and it maintained the spot for two years in a row.

Intel overtook Samsung in 2019 and remained at the top until 2020, before it was beaten by Samsung again last year.

Meanwhile, SK hynix ranked No. 3 with a 6.8 percent market share for the three months ending in June, followed by Qualcomm with 5.9 percent, Micron with 5.2 percent, Broadcom with 4.2 percent, Nvidia with 3.6 percent and MediaTek with 3.3 percent.

Seven out of the global top 10 semiconductor companies were American.

ALSO READ: Chinese mobile firms eye exiting plants in India

Previous Story

DotPe forays into financial services

Next Story

Iran all set to import Russian oil

Latest from Business

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand
Go toTop

Don't Miss

Samsung Galaxy S24 may use EV tech to boost its battery

Audi’s Q8 e-tron used similar tech to fit a 114kWh

Samsung sets eyes on 5G smartphone leadership

Pullan said that their smartphone business grew in excess of