According to Korea BusinessKorea Beijing time reported on June 9th, Samsung Electronics continues to maintain its leading position in the global semiconductor market this year. As the growth of Intel (55.05, -0.83, -1.49%) slows down and the memory chip market is booming, Samsung Electronics is likely to dominate the semiconductor industry for second years in a row.

According to the latest data of market research firm IHS Markit, Samsung has ranked first in the chip industry for the three consecutive quarter since the third quarter of last year.

In the first quarter, Samsung's sales in the semiconductor industry amounted to US $18 billion 607 million, an increase of 45.4% over the same period last year, a growth of 1.6% over the same period and a market share of 16.1%.

This enabled Samsung Electronics to further expand its lead in Intel. In the quarter, Intel's revenue was $15 billion 745 million, an increase of 11.1% over the previous year and a market share of 13.6%. Prior to that, IC Insights, a market research firm, predicted that Samsung would continue to maintain its position as a market leader in the first quarter.

SK helix ranked third for $8 billion 100 million in revenue, and the us light (61.39, 1.76, 2.95%) was followed by $7 billion 400 million, followed by Bo Tong and Qualcomm (60.26, -0.38, -0.63%).

The strong demand for memory chips in the Internet of things and big data industry boosted Samsung's performance. IC Insights predicts that the DRAM memory market will grow by 37% this year. In this market, Samsung Electronics, SK Hynix and micron technology together account for 95.4% of the market share.

Ironically, although Samsung has been a great success in the memory chip market, Intel created this business in 1960s. Due to the increasingly fierce competition from Japanese companies, Intel withdrew from the storage chip market in early 1990s and was recently re launched. Last year, Intel's fastest growing business was storage chips, but it still had a long way to go to catch up with Samsung.

Many years ago, Samsung Electronics obtained technical license from Japanese counterparts and began to enter the storage chip market. Today, Samsung has also entered Intel's traditional site, producing not only its own mobile phone processor, but also its chip giant Qualcomm OEM. Qualcomm is competing with Intel in the PC and server chip market.