Samsung Elec returns to top in global chip sales last year, SK hynix third
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The company’s revenue from memory chips amounted to $75.95 billion in 2021, up by 31.6 percent from $57.72 billion in 2020, to command 13 percent in global chip revenue.
It is the first time in three years since 2018 that Samsung ranked first in global semiconductor sales. The company first climbed to the top spot in 2018, but since then memory chip prices had slid, giving up market leadership to Intel.
Intel dropped to the No. 2 position with sales of $73.1 billion after adding 0.5 percent. SK hynix became a comfortable third with sales surging 40.5 percent on year to $36.32 billion.
“As the global economy bounced back in 2021, shortages appeared throughout the semiconductor supply chain, particularly in the automotive industry,” said Andrew Norwood, research vice president at Gartner. “The resulting combination of strong demand as well as logistics and raw material price increases drove semiconductors’ average selling price higher.”
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