Samsung’s chip foundry business generated $613 million in sales during Q1 2016

General
By 

Last updated: July 14th, 2016 at 07:47 UTC+01:00

According to market research firm IHS, Samsung outran other global integrated device manufacturers operating in the semiconductor foundry sector in the first quarter of this year in terms of sales. The South Korean company is reported to have earned an eye-watering $613 million in sales alone from its foundry business during the three-month period. This figure is three times more than that of runner-up Micron, which pulled in $198 million.

For those who are a little lost and are unaware of the foundry model, please allow me to explain. As it stands, there are currently three main types of microchip producers — an integrated device manufacturer, which designs, produces and sells circuits; a fabless chip company, which designs the chips without manufacturing them; and a foundry business that operates manufacturing facilities for aforementioned design houses.

Samsung operates the latter, turning designs from a fabless chip company into a tangible product that are often included in its smartphones, tablets, computers and televisions. It also ships these chips to other manufacturers all around the world who are working on their own products that required the technology to function, which is likely where the majority of its astonishing $613 million in sales came from during Q1.

Via General ChipsetFoundrySamsung Electronics
Load comments

Related News

Where are Samsung phones made? It’s not where you think

  • By Adnan F.
  • 2 hours ago

Samsung CEO and President Joe Biden discuss holiday shopping at the Wh …

  • By Mihai M.
  • 8 hours ago

Samsung has a battleplan to improve its smartphone market share in 202 …

  • By Mihai M.
  • 1 day ago

Samsung could launch smaller, more affordable MicroLED TVs next year u …

  • By Asif S.
  • 2 days ago

Samsung might keep its top CEOs exactly where they are right now

  • By Adnan F.
  • 2 days ago

Samsung plans on revamping its corporate structure to make it more tal …

  • By Anil G.
  • 3 days ago

Samsung officially announces $17 billion semiconductor plant in Taylor …

  • By Anil G.
  • 1 week ago

Samsung’s $17 billion chip plant to reportedly come up in Texas

  • By Asif S.
  • 1 week ago