Samsung and Apple among highest spenders in Semiconductor Chips in 2016

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Samsung and Apple among highest spenders in Semiconductor Chips in 2016

Samsung and Apple among highest spenders in Semiconductor Chips in 2016 all information is available here. The leading smartphone manufacturing company Samsung and Apple are reported to spent $61.7 billion only on semiconductor chips last year.
Apple and Samsung both are leading consumer electronic manufacturing companies. They are manufacturing computers, televisions, smart phones, and other various electronic devices. The main source of their money is also the computers , smartphones and PCs. So we can expect that Apple and Samsung jointly is helping to promote and growth of Semiconductor chip in the world market. They both are reported to spend about $61.7 billion jointly.

It is estimated that Apple and Samsung has purchased around 18.2% of the world’s semiconductor chips last year in 2016. The purchase money in 2016 is $400 million greater than the year 2015.

Since comeback of Apple in the Smartphone market it is expected that they will buy more number of chips this year compared to previous years. Since after the popularity of iPhone 7 and 7 Plus smartphones Apple is expected to progress in the smart phone market this year also. We do not need to talk about the current leading smart phone manufacturer Samsung. This is because they are growing every year and are leading smartphone manufacturer.

Other high ranking semiconductor chips user are Oppo, Vivo and OnePlus.