Samsung (SSNLF.PK) has passed Apple to become the world's top chip buyer, per Gartner: the firm...

|About: Samsung Electronics Co., Ltd. (SSNLF)|By:, SA News Editor

Samsung (SSNLF.PK) has passed Apple to become the world's top chip buyer, per Gartner: the firm estimates Samsung accounted for 8% of global chip purchases last year thanks to a 28.9% increase in consumption to $23.9B. Apple bought $21.4B worth of chips (7.2% share), and H-P $14B (4.7%). Samsung is trying to source more of those chips internally, as evidenced by last year's acquisitions (I, II). Some major Samsung mobile chip suppliers: SWKS, RFMD, MXIM, BRCM, QCOM.