Samsung waits for US and Chinese challenges in global chip wars When Chinese leader Xi Jinping, U.S. President Joe Biden and European Commission President Ursula von der Leyen announced their intention to spend billions to reduce their dependence on computer chips abroad, it seemed that the global supply chain would be distorted. Analysts and Samsung, the world’s largest producer of memory chips, do not expect to replace the South Korean team soon. “I think we can maintain our market share in the near future unless we increase it,” a senior Samsung official told the Financial Times at a factory south of Seoul.