It’s a common knowledge that Samsung makes more money from its semiconductor and display division than it does out of its smartphones business. However, while it leads the market in the last category, it is just now that Samsung is starting to lead the pack in the semiconductor business.
The sales figure shows its lead. Last quarter, the company observed the sales of $15.7 billion as well as the operating profit of $7.1 billion which is huge!
With such figures, Samsung has surely beaten Intel which observed the sales of $14.8 billion with the operating profit of $3.8 billion.
Samsung’s amazing quarter has ended the Intel’s charm in the industry. The two companies aren’t always seen as competitors but we can now say that Samsung is turning into one of the most powerful competitors of Intel. The Korean giant got more than enough help through its flash memory business, where SSDs achieved impressive sales.
It also offers the products in the Internet of things category, which played a vital role in their success.
Intel’s smartphone business isn’t something eye catching. They’ve tried to give their best, but its right to say that this was not able to captivate the hearts. It has nothing worth noting. Its upcoming nm chip business may enable the company to fight back in the market but chances are not too prominent. Its blazingly-fast Optane SSDs might also help the course of business in the future.
NAND and DRAM’s prices rose on the average of 50% and 110% respectively, which has affected their business positively.
It seems like the Samsung, for the near future, is going to rule the market!
Last but not the least,
SAMSUNG IS ABOUT TO BEAT APPLE TOO!
Yes, you heard it right. Samsung is about to beat Apple too in the terms of profit even if it is a historically slow one for Apple. Samsung is too close to achieve the number $12.1 Billion, compared to Apple’s expected $10.5 Billion.