Samsung could overtake Intel as the world’s largest chip supplier

Intel may lose its ranking as the biggest semiconductor supplier in the world for the first time since 1993.

The company’s sales were 40% greater than Samsung’s last year, but are now only slightly ahead of its South Korean competitor.

According to research from IC Insights, Samsung will overtake Intel in the second quarter of 2017 if market prices continue to hold or increase.

This forecast was calculated using the mid-range sales guidance set by Intel for the second quarter of 2017 and a projected sales increase of 7.5% for Samsung.

IC Insights said Samsung’s sales increase can be attributed to a rise in DRAM and NAND flash average selling prices, which are expected to even out in the second half of 2017.

The research predicts a further 39% growth for the 2017 DRAM market and 25% growth in the NAND flash market.

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Samsung could overtake Intel as the world’s largest chip supplier