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SK hynix regains No. 3 status in global chip industry

All Headlines 08:19 April 03, 2017

SEOUL, April 3 (Yonhap) -- South Korea's chipmaker SK hynix Inc. became the No. 3 player in the global semiconductor market in terms of sales during the fourth quarter of 2016 on robust sales of memory chips, industry data showed Monday.

According to the data compiled by industry tracker IHS, SK hynix saw its standing move up by two notches on-quarter in the September-December period with US$4.5 billion in sales.

U.S.-based Intel Corp. topped the list with $15.5 billion, followed by SK hynix's bigger rival Samsung Electronics Co. with $11.7 billion, the data showed.

Qualcomm, on the other hand, moved down a notch over the cited period to fourth place with $4.09 billion in sales. Micron Technology Inc. followed next with $4.08 billion, the data also showed.

In terms of market share, Intel accounted for 16 percent, followed by Samsung Electronics with 12.1 percent and SK hynix with 4.7 percent.

"SK hynix, which mainly produces memory chips, such as dynamic random access memory (DRAM) chips, is expected to solidify its third spot by expanding sales further this year," an industry watcher said.

SK hynix regains No. 3 status in global chip industry - 1

colin@yna.co.kr
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