Samsung is the new king of chips – a title that was held by Intel until both companies released their annual fiscal reports.
Intel raised $62.8 billion in annual revenue which was surpassed by the $69.1 billion generated by Samsung’s semiconductor division. It is however worthy to note that it is not a straightforward comparison to make, since Intel’s focus is on x86 processors, where it remains the leader by a great distance, and Samsung’s strength is in producing memory and flash storage — but in monetary terms, Samsung’s business is now bigger.
Industry experts also observed that Samsung’s memory business also looks to be far more important and fundamental to the future of technology than Intel’s traditional CPUs.
“These days, you’ll struggle to find a smartphone or tablet without Samsung RAM inside it, and the company also commands more than a third of the solid state drive storage market,”The Verge reported.
In its latest quarterly report, Samsung anticipates growing “demand for high-density memory products for cloud servers and for chipsets required for automotive electronics and AI.” So not only is Samsung omnipresent in the devices we buy today, it’s ideally positioned to capitalize on the hardware and services that are to come.
