Samsung may become the world's largest chip maker

Samsung will soon be releasing its quarterly profits for the second quarter of 2017 and the company is expected to surpass Intel as the world's largest semiconductor manufacturer by revenue. This is the first time that the South Korean electronics giant has been able to outsell Intel as a result of increased memory chip sales from April to June. Demand has soared for smartphones and servers with more powerful chips and, as a result, their sales have gone up. Samsung also announced on Thursday that it plans to invest $18.6 billion into its home country in an effort to further extend its lead… [Continue Reading]