The global chip industry grew its revenues by about 11% year-over-year in the first quarter of 2011.
According to a report published by IC Insights, Intel was able to main its leading position with $11.8 billion in revenue and a growth of 25% over Q1 2010. Samsung follows with $8.2 billion of revenue and 15% growth. Intel now has 44% higher chip sales than Samsung.
Toshiba is now the third largest semiconductor firm with $3.6 billion in Q1 2011 revenue. Nvidia is listed at position 20, despite a sales decline of 6% to $936 million. However, that was good enough to replace Panasonic, which lost 9% in chip sales.