Samsung Electronics becomes the world’s largest semiconductor manufacturer again after nearly 3 years

According to foreign media reports, data from research institutions show that, driven by the increase in DRAM and flash memory prices, Samsung Electronics’ sales of semiconductor products exceeded US$20 billion in the second quarter, becoming the world’s largest semiconductor manufacturer again after nearly three years.

According to data from market research institutions, in the second quarter of this year, Samsung Electronics’ sales of semiconductor products were US$20.297 billion, an increase of US$3.225 billion from the US$17.072 billion in the first quarter, an increase of 18.9% year-on-year.

Sales in the second quarter increased by 19% from the previous quarter, and Samsung Electronics has once again become the semiconductor manufacturer with the highest quarterly sales after nearly three years.

Samsung Electronics has surpassed the chip giant Intel, whose semiconductor revenue in the second quarter of this year was 19.304 billion US dollars, a year-on-year increase of 3%.

Samsung Electronics and Intel were the only two semiconductor manufacturers with sales of about US$20 billion in the second quarter, far higher than other manufacturers. TSMC’s third-largest sales volume was US$13.315 billion in semiconductor revenue in the second quarter, which was nearly US$7 billion lower than Samsung Electronics and nearly US$6 billion lower than Intel.

 

Thomas Williams

Thomas Williams writes related to the Trending news Category. He manages to cover anything thrown at him owing to his natural inclination towards Business. Thomas is our freelance contributor. Thomas is responsible for covering developments in Trending news related to finance and the world market.

Email: [email protected]

Address: 1122 North Cottage Grove, Miles City, MT 59301, USA

Contact number: 618-680-8300

Thomas Williams

<strong>Thomas Williams </strong>writes related to the <strong>Trending</strong> news Category. He manages to cover anything thrown at him owing to his natural inclination towards Business. <strong>Thomas </strong>is our freelance contributor. Thomas is responsible for covering developments in Trending news related to finance and the world market. <strong>Email: </strong>[email protected] <strong>Address:</strong> 1122 North Cottage Grove, Miles City, MT 59301, USA <strong>Contact number:</strong> 618-680-8300

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