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Samsung may soon displace Intel as the world's largest chip manufacturer

Samsung may soon displace Intel as the world's largest chip manufacturer
Samsung may soon displace Intel as the world's largest chip manufacturer
Intel has been the leading company in semiconductor sales since 1993. This could finally change in just a few short months when Samsung is expected to earn 3.4 percent more in revenue than its US competitor this coming second quarter.
by Allen Ngo, 2017/05/03
Business Rumor

While Intel recently reported brisk sales and profits for its first fiscal quarter of 2017, the company may soon be outpaced by Samsung as the #1 chipmaker.

American market research firm IC Insight is reporting that it is very likely Samsung will at least come close to its US rival by the end of this second quarter. If everything falls into place for the South Korean manufacturer, then the company may even marginally surpass Intel in chip sales and knock the company off of its crown seat for the first time in over two decades.

Analysts are expecting the second quarter April to June time frame to bring in record chip sales for Samsung at about 14.9 billion USD. Meanwhile, the same source is expecting Intel to earn 14.4 billion USD assuming that market prices remain stable in the next few months. IC Insight sees this particular milestone as an opportunity for other manufacturers to catch up to Intel as well. The American chipmaker has been focusing less on traditional PCs and more on growing fields like Artificial Intelligence and autonomous driving.

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Allen Ngo, 2017-05- 3 (Update: 2017-05- 3)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.