Intel remains top chip firm

Intel is hanging on to its title as world's largest chip maker measured in terms of revenue, fighting off the rising challenge from Samsung.

The Gartner Group reckons that that despite an overall decline in the global chip market, Intel's share of the chip market grew by a percentage point to 14.6 per cent in 2009.

In its latest Semiconductor DQ Monday Report, Gartner said that the global chip market declined 10.5 per cent last year, to a value of $228.4 billion - down $28.6 billion from a year earlier.

South Korea's Samsung and Hynix were the only two top chip companies to post revenue growth in 2009, Gartner's beancounters estimated. Memory chip firm Hynix still managed to slip down from seventh to ninth in the chipper's top ten.

Samsung is still in second spot in the top ten globally with $17.7 billion in revenue, up from $17.4 billion last year. The company took a 7.7 percent share of the global chip market. Its revenue was just over half of Intel's.

The top five chip makers in Gartner's ranking remained unchanged. Intel in top spot is followed by Samsung, Toshiba, Texas Instruments and STMicroelectronics.

AMD snuck into the top ten list at number nine.