Samsung ends Intel's 24-year reign to become world’s largest chipmakerJuly 29, 2017 - 12:30 AMT PanARMENIAN.Net - Samsung registered a record profit of $12.6 billion in its second quarter earnings report, but hidden in those numbers lies another milestone. Of its $54 billion in revenue, $15 billion came solely from Samsung Semiconductors -- pushing it above the $14.8 billion that all of Intel brought in. In short: Samsung just ended Intel's 24-year reign and became the largest chipmaker in the world, Engadget said. But Samsung didn't get there by outselling processors -- it's been diversifying its chip offerings for years. While Intel has focused on CPUs for computers and servers after burying its wearables division last November, Samsung has broadened into making chips for mobile devices, as well as connected chips for IoT and smart vehicles. But the company also got ahead of Intel on the strength of its flash memory with more popular SSD products. Intel isn't giving up on the rivalry, and claimed its next generation of long-delayed Cannon Lake 10nm chips will feature twice as many transistors as Samsung's or TMSC's, putting them "light years" ahead. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday. Up to 10% cashback from GetTransfer with IDBank cards IDBank clients who make their booking on GetTransfer will receive an exclusive cashback. European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 |