Samsung is ahead of Intel in quarterly revenue

In the second quarter, Samsung Electronics’ revenue was $ 100 million more than Intel, as a result of which the Korean giant has displaced its competitor from the position of the largest supplier of semiconductor components for the third time since 2017.

According to analysts, this year prices for memory will rise by 33%, while sales of processors of all brands will grow by only 4%. In addition, given Intel’s plans to sell its own memory chip business, the company’s revenue in the second quarter will fall from $ 19.6 billion to $ 18.5 billion, further widening the gap with Samsung.

Intel and Samsung will continue to compete in the contract services market – the Korean company hopes to increase operating revenue by 20% by the end of the year, although their absolute value is still not quite as high as compared to memory chip sales.

It is difficult to estimate how soon Intel will be able to reclaim its industry leadership in revenue, or if it can do it at all.

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Alexandr Ivanov earned his Licentiate Engineer in Systems and Computer Engineering from the Free International University of Moldova. Since 2013, Alexandr has been working as a freelance web programmer.
Function: Web Developer and Editor
Alexandr Ivanov

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