News Karnataka
Monday, March 04 2024

Samsung logs record chip market share, Intel at distant second

Samsung logs record chip market share Intel at distant second
Photo Credit : IANS

Seoul: 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 per cent 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 per cent market share for the three months ending in June, followed by Qualcomm with 5.9 per cent, Micron with 5.2 per cent, Broadcom with 4.2 per cent, Nvidia with 3.6 per cent and MediaTek with 3.3 per cent.

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

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