In 2024, Samsung reclaimed its status as the world's leading semiconductor manufacturer, achieving a 10.5% market share and generating $66.5 billion in revenue. This success was largely driven by a 62.5% increase in memory chip shipments due to rising prices. Although Samsung struggled with HBM memory chip overheating issues, resulting in lost contracts with clients like Nvidia, the company has resolved these issues and regained Nvidia's certification. Samsung is now focused on developing its 2nm chip technology as it works to catch up with competitors like TSMC.
Samsung has reclaimed its title as the world's largest semiconductor manufacturer with a remarkable market share of 10.5%, totaling $66.5 billion in revenue for 2024.
The company experienced a significant year-over-year shipment growth of 62.5%, driven by an increase in memory chip prices, highlighting the market's rebound.
Despite setbacks in securing contracts with major clients like Nvidia due to overheating issues with HBM memory chips, Samsung has regained Nvidia's certification, promising better sales.
Although Samsung is catching up after earlier challenges, it is focusing on refining its 2nm chip technology, aiming for a market release as soon as next year.
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