Intel overtakes Samsung as world’s biggest semiconductor chip maker
Samsung is no longer the world's biggest semiconductor chip firm. According to the latest figures from Counterpoint Research, Samsung Electronics' revenue from its semiconductor chip division dropped from $70.2 billion in 2022 to $43.4 billion in 2023. That's a massive 38% drop year-on-year due to the market slump for memory chips and Samsung's inability to get clients for its advanced chip fabrication processes.
Intel overtook Samsung in global semiconductor chip segment in 2023, but Samsung could bounce back in 2024…