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THE INVESTOR

Samsung

Samsung may race ahead of Intel in Q2

  • PUBLISHED :May 17, 2017 - 10:05
  • UPDATED :May 17, 2017 - 10:05
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[THE INVESTOR] Samsung Electronics may emerge as the world’s No. 1 player in the chip industry by beating its archrival Intel in the second quarter, industry watchers said on May 17.

The rise of the Korean tech giant is significant as the US firm has been the leading player in the chip industry since 1991.

According to industry tracker IC Insights, Samsung may post sales of US$14.9 billion in the second quarter, up 7.5 percent on-year. The figure would hover above the estimated US$14.4 billion expected for Intel.

For all of 2017, Samsung is also expected to enjoy higher performance compared to Intel.

By Alex Lee and newswires (alexlee@heraldcorp.com)
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