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Samsung Loses Top Spot in Chip Sales to Intel for 2 Consecutive Quarters
Samsung Suffers Sharpest Drop in Sales
Samsung Loses Top Spot in Chip Sales to Intel for 2 Consecutive Quarters
  • By Kim Eun-jin
  • May 20, 2019, 11:14
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Samsung Electronics ranked second after Intel in the United States in semiconductor sales for the second consecutive quarter.

Samsung Electronics recorded the sharpest drop in sales in the first quarter of this year among the major semiconductor companies in the world. As a result, Samsung Electronics ranked second after Intel in the United States in semiconductor sales for the second consecutive quarter.

Total global semiconductor sales hit US$73.55 billion in the first quarter of this year, down 16 percent from US$87.82 billion in the same period of last year, said IC Insights, a global IT market research company on May 17.

Samsung Electronics came in second with sales of US$12.86 billion, down 34 percent from US$19.41 billion a year ago and the largest drop among the top 15 companies.

The first ranked company was Intel which focuses on non-memory semiconductors. Intel saw the smallest decline in sales among the top 10 companies with US$15.8 billion in sales, nearly the same as the US$15.83 billion last year.

Taiwan's TSMC, the third-largest chipmaker, posted US$7.1 billion in sales, down 16 percent from a year ago, while SK Hynix’s sales fell 26 percent to US$6.02 billion. Micron of the United States posted US$5.47 billion in sales, down 27 percent.