Intel, which reports its quarterly earnings later on Thursday, is expected to report $14.4 billion in quarterly revenue. For over a decade, Samsung and Intel each ruled the market in its own category of semiconductor. Since 2002, Samsung Electronics has been the largest supplier of memory chips, called DRAMs and NANDs. But for years demand for memory chips was vulnerable to boom and bust cycles depending on output and on demand from the consumer electronics industry. Samsung Electronics’ semiconductor business is expected to report 71.9 trillion won ($62.6 billion) in full-year revenues.

Source: Mint July 27, 2017 13:07 UTC