Samsung outstrips competition in Q2, defending No. 1 spot in chip industry

Posted on : 2022-09-20 16:43 KST Modified on : 2022-09-20 16:43 KST
Samsung Electronics recorded its highest quarterly sales in Q2
Samsung Electronics’ office building in Seocho District, Seoul (Yonhap News)
Samsung Electronics’ office building in Seocho District, Seoul (Yonhap News)

Samsung Electronics continued to hold down first place with an even larger share of the global semiconductor market during the second quarter of this year.

The market research firm Omdia shared an estimate Monday putting the scale of the global semiconductor market during the second quarter at US$158.113 billion.

With second quarter sales of US$20.3 billion, Samsung Electronics hit a new quarterly record, boosted by server demand and growth in its system semiconductors (logic chip) sector. Its market share rose by 0.3 percentage points to 12.8% from 12.5% during the first quarter.

Intel, which ranks second for market share, saw its second quarter performance diminish amid slowing personal computer demand and supply chain hiccups. With sales down by 16.6% to US$14.865 billion compared with the first quarter, it recorded an operating loss of US$454 million.

Intel’s market share fell sharply from 11.1% during the first quarter to 9.4% during the second quarter. The gap between first-place Samsung Electronics and Intel widened from 1.4 percentage points in the first quarter to 3.4 percentage points in the second.

Intel consistently ranked first in the global semiconductor market before being overtaken by Samsung Electronics for the first time in 2017. Nosing back in front in 2019, Intel remained in first for a second straight year in 2020. Last year, Samsung Electronics regained the advantage thanks to a memory semiconductor boom.

SK Hynix came in third after Samsung Electronics and Intel with a second quarter market share of 6.8%, up by 0.6 percentage points from the first quarter.

Next in the rankings were Qualcomm (5.9%), Micron Technology (5.2%), Broadcom (4.2%), Advanced Micro Devices (AMD, 4.1%), Nvidia (3.6%), MediaTek (3.3%), and Texas Instruments (3.0%). Seven of the companies that ranked in the top 10 for semiconductor sales are based in the US.

By Kim Hoe-seung, senior staff writer

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