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

Previous Story

DotPe forays into financial services

Next Story

Iran all set to import Russian oil

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop

Don't Miss

Apple, Samsung to manufacture $5 billion worth smartphones under PLI scheme

The iPhone maker’s second biggest global manufacturer Pegatron is likely

Samsung to borrow over $15 bn from display unit

Samsung Electronics holds an 85 percent stake in Samsung Display….reports