Samsung Tops Global Smartphone Memory Chip Market With 46 Percent Share: Report

South Korea’s main semiconductor corporations, Samsung Electronics and SK Hynix maintain greater than 70 p.c of the smartphone reminiscence chip market.

Based on Technique Analytics on July 8, world smartphone DRAM and NAND flash gross sales within the first quarter of this yr have been estimated at $11.5 billion (roughly Rs. 91,300 crore).

Samsung Electronics topped the market with a 46 p.c share. Samsung’s market share was 52 p.c within the smartphone DRAM market and 39 p.c within the NAND flash market, rating first in each markets. Second-ranked SK Hynix held a 24 p.c market share. Its share was 25 p.c within the DRAM market and 23 p.c within the NAND flash market.

The mixed share of the 2 corporations is 70 p.c. They held a 76 p.c market share within the DRAM market and 62 p.c within the NAND flash market. Nevertheless, the market share barely decreased from final yr’s evaluation (Samsung 49 p.c and SK 23 p.c).

The US agency Micron ranked third with a 15 p.c share, and the mixed share of those high three suppliers reached 85 p.c.

Stephen Entwistle, vp of Technique Analytics, mentioned, “Regardless of the expansion of the 5G smartphone market, the smartphone reminiscence market can be affected by decreased demand and macro-market uncertainties.”

Just a few days again, it was reported that South Korea’s Samsung turned in its greatest April-June revenue since 2018 on final week, underpinned by sturdy gross sales of reminiscence chips to server clients at the same time as demand from inflation-hit smartphone makers cools.

Shares of the world’s largest memory-chip and smartphone maker rose 2.5 p.c after preliminary outcomes for the second quarter have been introduced, versus a 1.5 p.c rise within the wider market.

Samsung posted an working revenue of KRW 14 trillion (roughly Rs. 85,135 crore), up 11 p.c from KRW 12.57 trillion (roughly Rs. 76,430 crore) a yr earlier, simply shy of a KRW 14.45 trillion (roughly Rs. 87,870 crore) SmartEstimate from Refinitiv. Income rose 21 p.c to KRW 77 trillion (roughly Rs. 4,67,900 crore), in keeping with estimates.

Sharing Is Caring:

Leave a Comment