SEOUL, Sept. 19 (Korea Bizwire) – South Korean chipmaker Samsung Electronics Co. came closer to catching up with its U.S. archrival Intel Corp. in the global chip market in the second quarter, data showed Monday.
Samsung Electronics saw its chip sales reach US$9.45 billion in the April-June period to account for 11.3 percent of the global chip market, while Intel’s shipments stood at $12.27 billion with a 14.7 percent market share, according to the data compiled by industry tracker IHS.
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.
IHS said the narrowed gap in the second quarter resulted from a surge in Samsung’s sales of NAND flash memory products that are widely used in smartphones and laptops.
U.S.-based Qualcomm Inc. and Broadcom Ltd. followed with 4.6 percent and 4.3 percent market shares, respectively. Samsung’s smaller local rival SK hynix Inc. took the 5th spot with a 4 percent market share.