May 17, 2020

Samsung beats Intel as top semiconductor company for first time in 25 years

Intel
Samsung
Samsung Electronics
semiconductor
Jonathan Dyble
2 min
Semiconductor
Samsung Electronics has been named as the world’s largest semiconductor company, marginally beating Intel for the first time in 25 years, according to...

Samsung Electronics has been named as the world’s largest semiconductor company, marginally beating Intel for the first time in 25 years, according to Gartner’s final results for 2017.

Samsung recorded an annual revenue of $59.9bn within the market, slightly beating Intel who sold $58.7bn for the year. Combined, the two firms held more than a quarter (28.2%) of the total market share between them in 2017.

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According to Gartner, the total market grew 21.6% through 2017 to $420.4bn, up from the $345.9bn in 2016.

“2017 saw two semiconductor industry milestones — revenue surpassed $400 billion, and Intel, the number one vendor for the last 25 years, was pushed into second place by Samsung Electronics,” said George Brocklehurst, research director at Gartner.

“Both milestones happened due to rapid growth in the memory market as undersupply drove pricing for DRAM and NAND flash higher.”

However, according to Gartner, Samsung drastically outperformed the market as a whole, growing as much as 49.3% for the year compared to Intel’s 8.6% growth rate for the same period. As a result, Samsung was able to become the world’s largest semiconductor company, despite having seen revenues that were $14bn less than Intel’s during 2016.

Despite losing the top spot to Samsung, Intel saw revenues significantly greater than any other market competitor, with SK Hynix ($26.4bn), Micron Technology ($22.9bn), Qualcomm ($16.1bn) and Broadcom ($15.4bn) being the next four largest semiconductor companies aside from the two market leaders.

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Aug 4, 2021

CoreFlex Solutions, Value-Based Transformational Outcomes

CoreFlexSolutions
TheTileShop
digitaltransformation
digitalsolutions
2 min
Leveraging CoreFlex Solutions, The Tile Shop is on its way to extracting maximum value from Salesforce and SAP

CoreFlex Solutions is focused on providing the right solutions that address the needs and values of clients in 5 key areas: Salesforce, Digital, Integration, Testing and Operations. From project initiation and early onset thinking to defining requirements and execution, CoreFlex delivers transformational outcomes and have been a trusted, valued partner for The Tile Shop in executing Salesforce and upgrading SAP.

“CoreFlex has been very helpful. They know Salesforce, and they've made it very stable. They've been able to make improvements. But they also happen to be a great SAP offshore partner for us, and they're helping us with our SAP upgrade with QA and so forth,” said Christopher Davis, Chief Information Officer at The Tile Shop.

“The nice thing about CoreFlex is I've worked with them multiple times, over many different companies, and their leadership knows what they do well, can tell you what they will do and do it. But they also have that great thing about a partnership where they'll tell you what they don't do. And so when I go to them, I always know what I'm going to get. I'm going to get transparency, clarity, and good quality. “ 

 

Salesforce Implementations

Although Salesforce is a flexible platform that offers powerful capabilities and can be quickly implemented to support a myriad of business and customer-facing functions, many go wrong in their implementations and fail to extract optimal outcomes. Holding over 80 person-years of Salesforce experience, CoreFlex can help customers who struggle with adoption rates and underutilize Salesforce to improve effectiveness by offering services such as health checks, validations, pilots and Proof of Concepts (POCs).

 

SAP Services

CoreFlex offers a comprehensive portfolio of SAP service offerings to help you maintain your competitive advantage in today’s highly competitive and dynamic markets.

CoreFlex holds expertise in Consumer Products, Logistics, Healthcare and Software Engineering domains.

Find out more about their full suite of services that span the complete lifecycle of SAP enterprise solutions.

 

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