Intel has been the biggest chipmaker in the world since 1993. Now it seems like the whole thing is going to change. According to IC Insight Report, Samsung could Beat Intel and Become World’s Biggest Chipmaker in Q2. It means Intel will not remain its position.
Samsung could Beat Intel and Become World’s Biggest Chipmaker in Q2: Report
In the April-June period, Samsung’s chip manufacturing unit is expected to post sales of $14.6 billion. There is a 4.1 percent increase as compared to the same period a year ago. If we talk about Intel’s progress, Intel will reportedly post sales of $14.4 billion. The figure clearly show that Samsung’s earning is more as compare to Intel. So, we can say that Samsung will officially become the biggest chipmaker in the world in the second quarter of 2017. However, Intel will stood second.
Samsung is doing quite well in its earning. Especially, Samsung’s financial performance is improving because of the growing prices for DRAM and NAND flash chips. Moreover, the prices are expected to rise by 39 and 25 percent this year. This means it’s quite possible that the Samsung could post higher sales than Intel.
The tech giant, Samsung has just revealed its quarterly report that ended on March 31. According to which, Samsung Posts Highest Profit in Q1 Despite Declining Smartphone Profitability. The company has generated 50.55 trillion won or around $45 billion in revenue. No doubt, it is Samsung’s highest profit ever.
According to Samsung, operating profit increased by 48 percent as compared to 2016. Moreover, the profit stood at 9.9 trillion won (around $8.8 billion). This figure make this quarter Samsung’s most profitable first quarter in its history.
For More Details Also Read: Samsung Posts Highest Profit in Q1 Despite Declining Smartphone Profitability