Samsung could pass Intel in chip sales

Global SourcesUpdated on 2023/12/01

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Samsung's 1Q17 earnings were $13.9 billion, not far from Intel's 2Q17 guidance.

Source: IC Insight via EE Times

Thanks to surging memory chip prices, South Korea's Samsung Electronics Co. Ltd could knock Intel Corp. from its familiar perch atop the chip vendor sales leaders as soon as this quarter, according to market research firm IC Insights Inc.

Samsung, the industry leader in memory chip sales, is benefiting from a precipitous rise in average selling prices for DRAM and NAND flash. DRAM ASPs in 1Q17 were 45 percent greater than in 1Q16, according to IC Insights, while NAND ASPs increased 40 percent over the same period.

If Intel's 2Q17 sales come in around the midpoint of the company's guidance, about $14.4 billion, Samsung could unseat Intel in the second quarter with a modest yet typical increase of 7.5 percent in chip sales from $13.9 billion in the first quarter, IC Insights noted.

To read the full article, go to EETimes.

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