Samsung’s chip business faces challenges from Intel

The semiconductor reports for the second quarter of the year 2023 have been released. The South Korean giant surely brought a confused result this quarter as its percentage rate has increased but its position has dropped compared to the previous quarter. The transition of the semiconductor division of Samsung Electronics from the first phase to the second phase of 2023 saw a rise in revenue from $8.9 billion to $9.4 billion, which is a percentage rate of 5.8%. However, Samsung failed to surpass its rival in the semiconductor division, Intel.

In the first quarter of 2023, Samsung was the table topper, but now it’s moved to second. Intel grabbed the top position; between the first and second quarters of 2023, Intel’s revenue transition rose from $11.1 billion to $12.3 billion. At number three lies Nvidia, the firm has surely succeeded and set a great comeback within a phase to the top level as it jumped from the ninth of Q1 to the third for Q2 with a revenue of $5.4 billion. Fourth place has been grabbed by Qualcomm, with revenue dropping from $7.9 billion in Q1 to $7.2 billion in Q2. Decreased sales of smartphones may be the reason.

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Broadcom stands at rank five with $6.1 billion in revenue compared to its first quarter, which is a decrease in revenue. SK Hynix holds sixth place with $5.3 billion in revenue, and Advanced Micro Devices (AMD) grabbed seventh place with the same revenue as SK Hynix with a slight point difference. Infineon Technologies, STMicroelectronics, and Texas Instruments are all listed in the last three places. Now, analyzing the total semiconductor revenue of a whopping $124.3 billion, the semiconductor division increased by 3.8% within the first and second quarters of 2023, according to the reports from Omdia.

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