[Korea.net News, Science / Tech, January 24 2008] Korean chipmakers control 11.3% of world market

The world market share of Korea’s chip manufacturers was 11.3% last year, the Institute for Information Technology Advancement in Seoul said Wednesday (Jan. 23).

The institute quoted a December report by the Gartner Group, a U.S. information and technology research and advisory firm, as saying Samsung Electronics alone controlled 7.7% of the global market and Hynix Semiconductor 3.6% last year.

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Driving Samsung were steady revenue growth in NAND flash memory and strong revenue in non-memory areas such as application processors, media integrated circuits, complementary metal-oxide semiconductor image sensors, smart card ICs and LCD driver ICs, according to the report.