Move over, Intel: Samsung poised to become the world's largest chip maker

Oh, the times we live in! A new report by Nomura Securities says that Samsung is about to surpass Intel as the world's largest semiconductor maker. Say what? Intel has been at the forefront of chip-making for decades now, but for this past quarter Samsung is projected to hit $15 billion in semiconductor sales, compared with Intel's $14.4 billion. 

Thus, while sales of Samsung's flagship Galaxy S line used to form the lion's share of its revenue and profits just two or three years ago, now it has managed to diversify enough so that more than half of its profits ...