Samsung Narrows Gap with Intel in Chip Segment | Be Korea-savvy

Samsung Narrows Gap with Intel in Chip Segment

One of the Samsung Group's Seoul-based headquarters buildings. (Image : Yonhap)

One of the Samsung Group’s Seoul-based headquarters buildings. (Image : Yonhap)

SEOUL, April 11 (Korea Bizwire)Samsung Electronics Co. came closer last year to catching up with its archrival in the semiconductor industry, Intel Corp., data showed Monday.

The South Korean tech giant accounted for 11.6 percent of the chip market in 2015, up 0.9 percentage points from a year earlier, standing as the No. 2 player, according to data compiled by industry tracker IHS.

U.S. rival Intel took up 14.8 percent of the market in terms of sales, up 0.7 percentage points on-year, the data also showed.

While the gap between the two stood at 5.3 percentage points in 2012, it gradually narrowed to 4.2 percentage points in 2013 and 3.2 percentage points in 2015.

Industry watchers said Samsung Electronics’ growth is significant as the South Korean firm’s mainstay businesses, including dynamic random access memory chips, have been suffering an industry-wide slump amid falling market costs.

SK hynix Inc., Samsung’s smaller South Korean rival, garnered 4.8 percent of the market last year, beating Qualcomm Inc. to become the No. 3 player.’


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