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Samsung Overtakes Intel to Become World's Largest Semi Supplier in 2Q 2021
Samsung's total semiconductor sales increase to $20.3 billion, moving it past Intel to become the world's largest semiconductor supplier in 2Q 2021.
www.eetasia.com, Aug. 20, 2021 –
Driven by surging demand and rising prices for DRAM and flash memory, Samsung, the world's largest memory supplier, saw its total semiconductor sales increase by 19% in the second quarter of 2021 to $20.3 billion, moving it past Intel and into first place to become the world's largest semiconductor supplier for 2Q 2021. This, according to IC Insights' August Update to the 2021 McClean Report, which includes a review of the top-25 semiconductor sales leaders for 2Q21.
Samsung was previously ranked as the top semiconductor supplier through much of 2017 and 2018 when the memory market experienced its last cyclical upturn. And, the company last enjoyed quarterly sales in excess of $20.0 billion in 2018 during the peak of the previous memory upturn. Demand for memory ICs is forecast to continue this quarter with Samsung's semiconductor sales projected to rise another 10% to $22.3 billion in 3Q21, further widening its lead over Intel.
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