Mobile devices and data are the keys to understanding Samsung's ascent as the new industry leader, even as its de facto chief is jailed, battling corruption charges, and it recovers from a fiasco over Galaxy Note 7 smartphones that had to be axed last year because they were prone to catch fire.Manufacturers are packing more and more memory storage capacity into ever smaller mobile gadgets, as increased use of mobile applications, connected devices and cloud computing services drive up demand and consequently prices for memory chips, an area dominated by Samsung.Just as Saudi Arabia dominates in oil output, Samsung leads in manufacturing the high-tech commodity of memory chips, which enable the world to store the data that fuels the digital economy."Greater use of smartphones and tablet PCs instead of computers is driving the rise of companies like Samsung," Chung said.Since 2002, Samsung Electronics has been the largest supplier of memory chips, called DRAMs and NANDs.
NYS Entity Status
NYS Filing Date
JANUARY 22, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - BCM ELECTRONIC MANUFACTURING SERVICES INC
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Intel’s more than two decade-long reign as the king of the silicon-based semiconductor ended Thursday when South Korea’s Samsung Electronics elbowed the Santa Clara manufacturer aside to become the leading maker of computer chips.Analysts say it nudged aside Intel in the April-June quarter as the leading maker of semiconductors, the computer chips that are as much a staple of the 21st century wired world as crude oil was for the 20th century.Under CEO Brian Krzanich, Intel has been branching out into new markets such as memory chips that could help make up for the PC market’s persistent decline.[...] Samsung’s semiconductor division is widely expected to overtake Intel’s sales on an annual basis this year, analysts at brokerages and market research firms say.Mobile devices and data are the keys to understanding Samsung’s ascent as the new industry leader, even as its de facto chief is jailed, battling corruption charges, and it recovers from a fiasco over Galaxy Note 7 smartphones that had to be axed last year because they were prone to catch fire.Samsung leads in manufacturing the high-tech commodity of memory chips, which enable the world to store the data that fuels the digital economy.Manufacturers are packing more and more memory storage capacity into ever smaller mobile gadgets, as increased use of mobile applications, connected devices and cloud computing services drive up demand and consequently prices for memory chips, an area dominated by Samsung.Samsung is reaping the rewards of dominating in the memory chip market which is growing much faster than the market for computers that rely on processing units dominated by Intel, said Chung Chang Won, a senior analyst at Nomura Securities.