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At the end of 2018, revenue growth of chip makers was 13.4% and reached $476.69 billion, according to research company Gartner. The top 25 semiconductor manufacturers increased revenue by 16.3%, which is higher than other companies. The revenue of the remaining chip makers jumped only by 3.6%. The share of the 25 largest chip makers was 79.3% in 2018. The share of memory chips in the revenue volume rose to 34.8% after a rise of 31% in 2017. At the same time, chip sales grew by more than 27%. Gartner Vice President, Andrew Norwood, noted that Samsung Electronics, the largest semiconductor supplier, strengthened its position in the market due to the boom in the DRAM memory chip market.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
On Thursday, the semiconductor manufacturing company Broadcom Inc. (AVGO.O) posted its second-quarter revenue estimates worth $5.742 billion and suggests a delay on the Apple Inc.’s (AAPL.O) iPhone 12 launch on the first week of September ...
On Thursday, American multinational warehouse club operator Costco Wholesale Corp. (COST.O) reported a 7.5% decline in its third-quarter revenue. The retail company spent $300 Million on incremental wages and extra sanitation costs amid the ...
On Wednesday, American computer manufacturer Micron Technology Inc (MU.O) raised its revenue forecast to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion for the third quarter. The company's shares jumped to 3.7% in ...
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