Industry
Apple, Samsung extend lead as top semiconductor buyers in 2020: survey
Feb. 10, 2021
Reflecting the increased demand for telecommunications amid the COVID-19 pandemic, Apple remained the world’s largest buyer of semiconductor chips in 2020 for the second year straight, industry data showed Wednesday. According to global research and consulting firm Gartner, Apple spent $53.6 billion on chips, up 24 percent from a year earlier, and thus accounted for 11.9 percent of the worldwide market. Next was South Korea’s Samsung Electronics, which spent $36.4 billion, up 20.4