As per latest report by IHS iSuppli, Intel defeated its rivals companies like Samsung and AMD in semiconductor business and managed to Ace the 2011 global semiconductor charts, which was previously top by Samsung for three years running.
This market research company speculated that Intel's semiconductor revenue in the year 2011 will reach total of $49.7 billion, which is up by 23 percent from a year ago. Intel will have 15.9 percent share in the worldwide semiconductor market this year.
These figures show that Intel is growing to be a major threat for Samsung, the company which narrowed Intel's market share for almost three years before 2011.
iSuppli analyst, Dale Ford, commented that, "In a challenging year for the semiconductor market, Intel achieved success on all fronts, expanding its core microprocessor and memory businesses, while also capitalizing on a major acquisition," reported Computer World.
Ford further added, "This allowed the company to outgrow the market and expand its lead over its closest competitors."
On the other hand, long standing rival of Intel, AMD stated this week that they will not be focusing on competing with Intel anymore. To this analysts say that AMD is "being the bridesmaid" of Intel's success and wants to focus on their own business.