- Samsung (OTC:SSNLF, OTC:SSNNF) chip sales will surpass those of Intel (NASDAQ:INTC) this quarter for the first time, according to Financial Times.
- Samsung chip revenue estimated at $15.1B in the quarter ending in June compared to $14.4B for Intel.
- FY17 forecasts have Samsung’s chip sales at $63.6B and Intel’s at $60.5B.
- Memory chip demand for smartphones and IoT devices pushed Samsung to victory.
Samsung tops Intel in chip sales for first time
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| Symbol | Last Price | % Chg |
|---|---|---|
| SSNLF | - | - |
| Samsung Electronics Co., Ltd. | ||