How Samsung plans to fight world semiconductor decline – Occasions of India

How Samsung plans to combat global semiconductor decline - Times of India

2022-11-26 19:44:18

Earlier this month, a report by market analysis agency Omdia claimed that the worldwide semiconductor market within the third quarter (Q3 2022) stood at $147 billion – down by 7% from $158 billion in Q2 2022. Samsung reportedly misplaced its prime place to Intel. Now, a brand new report has claimed that the South Korean big will set up a world analysis organisation to fight the contraction available in the market and deal with semiconductor decline.
As per a report by Enterprise Korea, the brand new semiconductor division shall be arrange underneath the DS Enterprise Division in December to fight the contraction available in the market. It should reportedly give attention to analysing the semiconductor market and different associated industries, and uncover markets.
The report says that Samsung’s transfer to ascertain a separate in-house analysis division comes because the world is experiencing a scarcity of semiconductors on account of provide chain disruptions triggered by Covid-19 disaster. “A rising mistrust of exterior market analysis establishments additionally performed a job,” the report provides.

Sluggish efficiency of the semiconductor market in Q3 2022
Omdia reported that Covid-19 logged a rise in demand for IT merchandise, shrinking the worldwide semiconductor market. This was reportedly because of the sluggish efficiency of the reminiscence market.
“The reminiscence market noticed earnings lower by 27% as in comparison with the earlier quarter on account of clients’ stock changes and a lower in demand for chips from knowledge centres, PCs, and cell units,” stated Cliff Leimbach, the chief researcher at Omdia.
It hit corporations akin to Samsung Electronics, SK Hynix and Micron Expertise. Samsung’s gross sales dipped in Q3 by 28.1% as in comparison with Q2. It lagged behind Intel, which posted $14.9 billion in gross sales. US-based chipmaker Qualcomm grabbed the third spot with a 5.6% improve in Q3 as in comparison with the second quarter. SK Hynix dropped from third to fourth place and Micron changed Broadcom within the sixth place.

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