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Saturday 3 February 2018

Samsung topples Intel to become the world’s largest chipmaker

Samsung has completed Intel's 25-year career as the world's largest chip trader after the company released its 2017 accounts.


The Korean technology giant's chipset division, which has long been the largest pulp, achieved total sales of $ 69 billion in 2017, surpassing the $ 62.8 billion that Intel reported last year. It was a record year for Intel and an annual increase of six percent, but that was not enough to prevent Samsung dropping it from first place, as reported by Bloomberg since 1992.

The writing hit the wall last year when Samsung beat Intel on a quarterly basis, but now it stands for an annual victory.

The change in position underlines Samsung's interest in mobile devices and in particular memory chips, which are an integral part of smartphones. Intel chips can be 90 percent of the world's computers, but they have failed to catch up with mobile devices and are catching up.

In general, the entire company Samsung reported a profit of KRW 53.65 billion ($ 50.7 billion) annual profit of KRW 239.58 billion, 225 billion. In the final quarter of 2017, revenues amounted to KRW $ 65.98 billion ($ 62 billion), with operating income of $ 15.15 billion KRW ($ 14 billion).

This is a higher profit, but a slightly lower income than in the previous quarter. The company's mobile business decreased 3.2% year-on-year in the fourth quarter.

From the point of view of 2018, Samsung has announced that it is expanding its chip business to cloud, AI, and automotive services. On the front of smartphones, where its name is best known to consumers, the company has announced the introduction of "advanced technologies" such as folding screens. Samsung also said it would continue to develop its smart services with a focus on its Bixby Assistant and upcoming 5G technologies.

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