With strong semiconductor memory (DRAM) sales, Samsung Electronics surpassed rival Intel to become the world’s # 1 chip player in the second quarter of this year.
According to the latest McClean Report published by market researcher IC Insights, chip sales in April-June totaled $ 20.29 billion, up 19% from the previous quarter.
Samsung’s sales were split as follows: $ 19.26 billion in integrated circuits (ICs) and $ 1.03 billion in optoelectronic, sensor and discrete devices (OSD).
The report said that second-quarter semiconductor sales from the top 10 firms rose 10% from the previous quarter to $ 95.5 billion, outpacing the industry average of 8%.
The IC Insights report says Samsung is likely to maintain its top spot in the third quarter with $ 22.3 billion in sales, beating Intel by $ 3.5 billion. This forecast is based on continued demand for memory chips.
In the second quarter, Intel chip sales were $ 19.3 billion, just 3% more than in the first quarter.
IC Insights included six vendors headquartered in the US, two in South Korea and two in Taiwan, as well as four non-chip companies (Qualcomm, Nvidia, Broadcom, and MediaTek) and one pure foundry (TSMC).
TSMC (Taiwan Semiconductor Manufacturing Company), which is a leading foundry company, remained the third largest semiconductor supplier with sales of $ 13.31 billion, up 3% from the previous quarter.