Samsung Electronics and SK Hynix—the two frontrunners of the Korean semiconductor industry—enjoyed a strong growth in the global semiconductor market in the first quarter of this year thanks to their superior technological competitiveness.
According to market research firm IHS Technology on May 21, the global top-five chip makers for the first quarter of this year included Intel (13.3%), Samsung Electronics (11.2%), Qualcomm (5.2%), SK Hynix (5.1%) and Micron Technology (4.5%). The figure in the parenthesis represents each company’s global market share covering both memory and non-memory areas.
Samsung Electronics saw its market share rise by 0.5 percentage point from 10.7 percent last year. Samsung’s first-quarter semiconductor revenue amounted to US$9.58 billion. SK Hynix also enjoyed a 0.6 percentage point growth compared to last year’s 4.5 percent, with its revenue estimated at $4.3 billion in the first quarter.
info@koreaittimes.com
