Samsung Electronics is expected to rank first in global chip sales last year.
According to the industry on the 20th, Gartner, a market research firm, announced on the 19th (local time) that Samsung Electronics overtook U.S. Intel and topped the global semiconductor chip sales last year for the first time since 2018.
According to Gartner, Samsung Electronics' chip sales increased by 31.6% year-on-year to $75.95 billion (about 90.3 trillion won) last year, beating Intel, which posted $73.1 billion in sales. The market share of Samsung Electronics was 13.0% and Intel was 12.5%.
Samsung Electronics ranked first in chip sales in 2018, but it had remained at its second position for 2 consecutive years since Intel topped in sales in 2019.
It is analyzed that Samsung Electronics regained its No.1 position due to increasing demand for memory chips in the global market.
Gartner said, “Sales of memory chips have significantly increased as market demand jumped due to distance learning and work from home.”
On the other hand, Intel’s sales increased only 0.5% last year, showing the lowest growth rate among the top 25 global chip manufacturers.
SK Hynix's sales increased 40.5% year-on-year to $36.326 billion, ranking third following the previous year. Micron ($28.449 billion) and Qualcomm ($26.8 billion) ranked 4th and 5th, respectively.
It is expected that global chip sales rose 25.1% year-on-year to a total of $583.5 last year, exceeding $500 billion for the first time.
Global Economic Reporter Ho-yeong Nam ; Translate by Gounee Yang