Intel Overtakes Samsung: Shakeup in Global Semiconductor Chip Rankings
Samsung has lost its coveted position as the world's largest semiconductor chip company. The latest data from Counterpoint Research reveals a substantial decline in Samsung Electronics' chip division revenue, plummeting from $70.2 billion in 2022 to $43.4 billion in 2023, marking a staggering 38% drop. The decline is attributed to the downturn in the memory chip market and Samsung's struggle…