Samsung overtakes Intel to become the world's biggest chip maker

Samsung yesterday announced record profits for the second quarter of 2017, driven mainly by its OLED panel and memory chip businesses. But aside from the exorbitant operating profit it made, Samsung also broke another record by taking Intel's place as the world's leading chip maker.

Industry watchers attribute the achievement to Samsung's devotion to developing next-gen DRAM and NAND flash memory chips for a wide variety of devices, Korea Herald reports. By producing silicon for everything from servers to IoT connected devices, Samsung's semiconductor ...