Samsung dethrones Intel as the world’s largest chipmaker

Recently, Samsung released its Q4 report for 2017 and the result shows that it has defeated Intel as the world’s largest chip manufacturer.

Samsung has earned a total revenue of $69PHP 4,049INR 5,848EUR 66CNY 502 billion in 2017, defeating Intel’s $62.9PHP 3,691INR 5,331EUR 60CNY 458 billion revenue last year which is a record year for Intel as it had an annual increase of six percent. Intel has been on top since 1992 not until Samsung took the crown and beat Intel on a quarterly basis. Samsung’s focus on mobile, specifically on memory chips, has played a vital role in change of position despite the fact that Intel’s chip covered 90% of world’s computers today.

Overall, Samsung had a full-year revenue of KRW 239.58 trillion and full-year operating profit of KRW 53.65 trillion.

Source: TechCrunch