Samsung rise to the top

Samsung Electronics has overtaken Nokia to become the world’s largest single maker of mobile phones, shipping 93 million units in the first quarter of 2012 compared to almost 83m by Nokia.

Samsung is also the world’s biggest TV and flat screen maker. However, not everything in the garden is rosy for Samsung as its chip manufacturing unithas been hurt by slowing global demand for personal computers.

The company is one of the world’s biggest makers of dynamic random-access memory (DRAM) chips, widely used in personal computers, but demand for these chips has been declining as consumers turn to tablet PCs, which mostly use flash memory chips.

Samsung is set to unveil the latest version of its Galaxy range of phones on May 3rd.

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