Samsung Electronics has reduced the gap
with Intel, the world's No. 1 chip maker, in second-quarter chip sales,
according to a U.S-based market research firm.
IC Insights
said Friday the sales gap between the two semiconductor giants dropped
to 16 percent in the April-June period. It said Intel's semiconductor
sales were 36 percent greater than Korea's largest chip maker in 2014.
"Samsung's
excellent growth rate in the second quarter put the company closer to
catching Intel and becoming the world's leading semiconductor supplier,"
it said.
Data showed Samsung's chip sales reached
$10.3 billion in the second quarter, up 10 percent from a quarter ago.
But those of Intel increased only 3 percent, to $11.9 billion, compared
with last quarter.
The data comes a week after
Korea's leading electronics company said its second-quarter operating
profit was 3.4 trillion won ($2.9 billion), the second-largest figure
since the company started the semiconductor business. The company also
said its quarterly chip sales reached a record high of 11.29 trillion
won.
Samsung's whopping growth in chip sales is due to its success in the mobile market, according to analysts.
"Intel
almost failed to meet the growing demand from the mobile industry,
while Samsung succeeded in catching up with the mobile market trend,"
said IBK Securities analyst Lee Seung-woo.
He also attributed the company's growth to its successful memory chip business.
"While
Intel was focusing on the PC market, the nation's largest tech giant
has successfully shifted its focus to the DRAM and NAND Flash memory
chip business," he said.
Last week, Samsung said in a
regulatory filing it expects to expand memory chip production more than
10 percent in the next quarter. Announcing its second-quarter
performance, the company said it will increase VNAND supply to meet
surging demand for mobile memory chips.
http://www.koreatimes.co.kr/www/news/tech/2015/08/133_184421.html
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