Samsung appears to be slowly recovering from the difficult situation that its semiconductor department has suffered. The company’s factories have faced numerous issues related to advanced chip manufacturing processes. However, Samsung managed to, in the midst of the “crisis,” regain its position as the top semiconductor company in the world.
Samsung is once again the world’s top semiconductor company
The South Korean giant had lost the top spot in the semiconductor company rankings to Intel. However, it was still the largest memory chip maker in the world. Now, a total revenue of around $66.5 billion has given Samsung back the semiconductor crown.
Gartner, a market research firm, has shared its latest report on the revenue of semiconductor companies worldwide. According to analysts, Samsung has returned to being the top semiconductor company in terms of revenue in 2024. The firm had the largest global share (10.6%) among the top names in the segment. This was partly due to a huge spike in memory chip prices last year.
Interestingly, Samsung is not at all happy with the performance of its memory chip divisions. In 2024, company executives even apologized to shareholders for disappointing financial results, with part of the blame for this branch. The company was lagging behind its competitors in terms of technological advances as well. SK Hynix, a direct rival, was the first to produce 36 GB 12-layer HBM3E chips.
HBM (High Bandwidth Memory) chips are fundamental in today’s tech industry. We are talking about a key component in hardware for AI training and processing. So, being ahead of the curve in this area could help boost a company’s value. Something like that happened with NVIDIA when it got ahead of everyone and managed to become the main supplier of AI chips in the industry.
The DRAM, HBM, and NAND chips manufactured by Samsung are not only for AI hardware. You can also find them in cars, PCs, laptops, GPUs, servers, smartphones, and more.
Samsung wants to avoid problems in its 2nm process
Regarding mobile SoCs, Samsung is hopeful that its 2nm process will turn out much better than the 3nm one. Multiple problems with the company’s 3nm wafers caused it to lose potentially huge contracts with brands like NVIDIA, Qualcomm, and AMD.
2025-02-07 15:09:19