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Demo Samsung Now Hot On Intel’s Heels In Chipmaking Race

Samsung Now Hot On Intel

Intel is continuing to suffer from its dependence on the weak personal computer market and its inability to break into the mobile phone market, IC Insights says.
Its chip sales will shrink by 2 percent in 2015 to just above $50 billion, it predicts, while Samsung will grow chip revenue by 10 percent to be only $6 billion behind.
One of the reasons IC Insights recently reduced its forecast for the global semiconductor market from 1 percent growth to a 1 percent decline is the strengthening of the US dollar against almost all other currencies used for electronics.
This has seen lower average selling prices in US terms, down 3 percent.