The South Korean technology giant, Samsung Electronics has narrowed the gap with Intel in the ever growing global semiconductor market to 1.6 percent during the second quarter of this year which has been the lowest ever.
According to HIS iSuppli, a market research firm Samsung turned over $10.366 billion in the second quarter of 2015 which represents 12 percent of the global semiconductor market which includes the fields of memory and non-memory semiconductors.
Intel on the other hand is the world’s largest semiconductor chip maker and it posted an $11.797 billion in sales which comprised 13.6 percent of the market. The gap as you can see between the two companies is just 1.6 percent and it is the first time that the gap has been this low.
The gap has decreased over the years with 6.9 percent in 2011, 6 percent in 2012, 4.3 percent in 2013 and 3.4 percent in 2014. The gap in the first quarter of 2015 had been 2.1 percent and now the gap has narrowed even further.
Apart from this the Korean technology giant has also surpassed the $10 billion in sales for the first time and in doing so has become the second semiconductor company that has ever exceeded the number after Intel. Samsung has experienced an increase in its market share by 0.8 percent in the second quarter.
On the other hand Intel’s share only grew by 0.3 percent. SK Hynix accounted for 4.9 percent of the market with sales of $4.29 billion and so is placed at number 3 beating Qualcomm.