https://www.sammobile.com/2017/07/28/samsung-ends-intels-24-year-reign-becomes-largest-chipmaker-world/

Samsung announced its quarterly results yesterday, and became the most profitable company in the world. However, the company broke a few other records as well. It ended Intel’s 24-year reign as the largest semiconductor-based chipmaker in the world. Samsung has now leapfrogged Intel by posting a higher revenue as well as operating profits during Q2 2017.

The South Korean electronics giant consistently developed new DRAM and flash storage technologies. However, what helped Samsung in become the king of semiconductor chips is that it quickly responded to the changes in the industry. On the other hand, Intel couldn’t make successful chipsets for mobile devices, failed in capitalizing on the growing smartphone, tablet, and wearable devices segment.