January 06, 2000 in Social Responsibility News

SAMSUNG, Top 4 Manufacturer of Semiconductors

SEOUL, Korea - January 6, 2000 - Samsung Electronics announced today that it has risen in the ranks of the semiconductor industry from world`s number 6 to world`s number 4 at the end of 1999. Dataquest, an electronics industry research organization, reported that Samsung Electronics achieved sales of $7.095 billion, which is a 49.5% increase from the previous year, in its 1999 world semiconductor preliminary ranking report.

In terms of market share, Samsung was able to grow by 0.9%, rising from 1998 levels of 3.5% to 4.4% at the end of 1999. By strengthening its competitiveness in memory semiconductor chips and vastly improving its System LSI business, Samsung was able to break the Top 5 barrier. It is the first recognition of Samsung`s successful change of face from memory semiconductor manufacturer to general semiconductor manufacturer.

During the semiconductor boom in 1995, Samsung Electronics became the number 6 semiconductor manufacturer. Since then, Samsung`s ranking has fluctuated from 6 to 7. It is the company`s first time to hold the number four seat in the world semiconductor market. The company had originally expected to reach the top 3 by 2005, but with this recent achievement, it now believes that the top 3 position can be reached in 2 to 3 years.
Samsung`s most recent achievement is a result of early development and production of next-generation memory chips, dominance in cost competitiveness and success in becoming first-to-market with new products.
Furthermore, the new ranking results is evidence of Samsung`s success in changing its System LSI product line to high value-added products, such as Alpha CPUs, MCUs (Microcontroller Unit), Merged Memory with Logic chips and telecommunications chips.

According to Dataquest, Intel has maintained its number 1 position with sales of $25.8 billion. Japan`s NEC ($9.2 billion) and Toshiba ($7.6 billion) ranked 2 and 3, respectively. The world semiconductor market has grown 17.6% in 1999, recording total sales of $160.1 billion.

About Samsung Electronics
Samsung Electronics Co., Ltd., with 1998 sales revenue of 16.6 billion dollars (US), is a world leader in the electronics industry. The Korea-based firm has operations in 46 countries with 54,000 employees worldwide. The company consists of three main business units: Multimedia & Home Appliances, Semiconductors and Information & Telecommunications. For more information, please visit our website, http://samsungelectronics.com

* All brands and company names are the property of their respective holders.

Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.