Samsung is closing in on Intel in the semiconductor sector as its market share increased by 0.9 percent when compared to a year earlier. According to data from industry tracker IHS, the South Korean electronics giant now has a market share of 11.6 percent, while Intel has a market share of 14.8 percent. Samsung is the second largest semiconductor firm in the world, while Intel still stands as the leader.
Data shows that the gap between the market share of these two firms is narrowing. The difference between the market shares of Intel and Samsung was 5.3 percent in 2012, 4.2 percent in 2013, and just 3.2 percent in 2015. SK Hynix, which now stands as the third largest semiconductor brand in the world, beat Qualcomm with a market share of 4.8 percent.
