Notification Center

This is our new notification center. Inside, you will find updates on the most important things happening right now.


Hmm, push notifications seem to be disabled in your browser. You can enable them from the 'Settings' icon in the URL bar of your browser.

Gartner: Samsung top chip buyer last year, surpasses Apple

Gartner: Samsung top chip buyer last year, surpasses Apple
In 2011, Apple edged out Samsung to lead the list of companies that purchase chips. The Cupertino based company spent $18.8 billion that year versus the  $18.6 billion spent by its Korean based rival, Samsung. But last year, Sammy opened up its wallet wider, increasing the dollar amount spent on chips by 29% to $23.9 billion. That represents 8% of the entire world-wide market for the silicon based product. For its part, Apple increased its spending on chips last year by 13.6% to reach $21.4 billion. That works out to 7.2% of the global market.

Together Apple and Samsung took in 15 out of every 100 chips produced on the globe last year. The total value of all of the chips produced on the planet in 2012 was $45 billion. After Samsung and Apple, the top five chip buyers included HP, Dell and Sony, with market shares of 4.7, 2.9 and 2.7 percent respectively. The company that had the biggest decline in chip purchases last year was Finnish handset manufacturer Nokia. Dropping from 5th to 10th place last year, the company bought $5 billion worth of chips in 2012, down from $8.5 billion in 2011.

Despite the rather large increases at the top of the charts, overall semiconductor sales were actually down 3% to a total of $297.6 billion in 2011. Other phone manufacturers on the top ten list of chip buyers included Lenovo (6th) and LG (8th).

source: Gartner via Bloomberg

New reasons to get excited every week

Get the most important news, reviews and deals in mobile tech delivered straight to your inbox

FCC OKs Cingular\'s purchase of AT&T Wireless