South Korean electronics manufacturing giant, Samsung Electronics surpassed U.S chipmaker Intel to become the world’s leading chipmaker by revenue in 2021, according to a report released by research firm Counterpoint Technology Market Research. While Intel posted relatively flattish results, Samsung took the lead with a strong DRAM and NAND flash market performance in 2021. Samsung also saw solid momentum in logic chips this year.
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Memory vendors continued to lead the industry with SK Hynix and Micron taking the third and fourth positions, followed by IC design vendors, including Qualcomm and NVIDIA. The year saw 19% YoY revenue growth.
Important takeaways for all competitive exams:
- Samsung Electronics Headquarters: Suwon-si, South Korea;
- Samsung Electronics Founder: Lee Byung-chul;
- Samsung Electronics Founded: 13 January 1969.
- Samsung Electronics CEO: Kim Hyun Suk, Kim Ki Nam & Koh Dong-Jin.