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Samsung overtook Intel as top chip seller in 2021

Memory business boosts South Korean giant as product makers stockpile

Samsung Electronic's semiconductor revenue surged 31.6% in 2021. (Photo courtesy of the company)

TOKYO -- Samsung Electronics surpassed Intel to become the leading chipmaker by revenue last year, according to industry data released Wednesday, thanks to a powerful lift from its memory business.

Samsung's semiconductor revenue surged 31.6% in 2021 to hit $75.9 billion, the ranking by U.S. research firm Gartner shows. The company last wore the crown in 2018. The standings are based on preliminary results by Gartner and exclude foundries such as Taiwan Semiconductor Manufacturing Co.

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