Samsung to defend top spot in semiconductor sales in Q3: Report


Seoul, Sep 13 (IANS): Samsung Electronics is expected to defend its top spot in global semiconductor sales in the third quarter of the year, on the back of a strong memory demand.

Samsung, the world's largest memory supplier, was projected to log $22.32 billion in semiconductor sales in the July-September period, up 10 per cent from a quarter earlier, and maintain its lead against Intel Corp., according to the latest McClean Report from market researcher IC Insights.

Intel was estimated to collect $18.78 billion in semiconductor sales in the third quarter, down 3 per cent from a quarter earlier. The US tech titan was the only one among the top 15 semiconductor firms to report negative sales growth.

Taiwan Semiconductor Manufacturing (TSMC), the world's No. 1 foundry firm, was tipped to keep the third spot in the third quarter with sales of $14.75 billion, up 11 per cent from a quarter earlier.

South Korea's SK hynix was predicted to stay in the fourth position with sales of $10.13 billion in the third quarter, up 10 per cent from a year earlier, followed by the US memory giant Micron Technology Inc., whose sales were forecast to expand 10 per cent quarter-on-quarter to $8.46 billion, reports Yonhap news agency.

For the third quarter, IC Insights expected semiconductor sales from the top 15 suppliers to increase 7 per cent from the previous quarter to reach $111.52 billion.

"Semiconductor sales are forecast to remain robust through the end of the year, which supports IC Insights' current forecast of 24 per cent growth for worldwide semiconductor sales this year," it said.

 

  

Top Stories


Leave a Comment

Title: Samsung to defend top spot in semiconductor sales in Q3: Report



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.