Samsung and Apple are top buyers of semiconductors in 2016, according to Gartner

Market researcher Gartner has released its latest study on top buyers of semiconductor chips in the market. The second biggest semiconductor chip maker, Samsung is also the largest buyer of semiconductor chips. The second biggest buyer of semiconductor chips according to Gartner is Apple. Though Apple doesn't sell its own branded chips but designs lot of its SoC chips internally. Samsung buys 18.2 percent of the total worldwide semiconductor market. "This is the sixth consecutive year that Samsung Electronics and Apple have topped the semiconductor consumption table," said Masatsune Yamaji, principal research analyst at Gartner. "While both companies continue to exert considerable influence on technology and price trends for the wider semiconductor industry, their impact has lessened due to falling expectations for future growth." The below table by Gartner provides preliminary Ranking of Top 10 Companies by Semiconductor Design TAM, Worldwide, 2016 (Millions of Dollars)
The new entry into this table is, a Chinese smart phone OEM called BBK Electronics which grew very fast in the year 2016. The three companies out of this list are from China indicating that China is the biggest buyer of semiconductor chips. "Even though the influence on the sem...