Tech

Samsung leads the global smartphone memory chip market with 46% market share: Report


Major Korean semiconductor companies, Samsung Electronics and SK Hynix hold more than 70% of the smartphone memory chip market.

According to Strategy Analytics on July 8, global sales of DRAM and NAND flash smartphones in the first quarter of this year are estimated at $11.5 billion (approximately Rs 91,300).

SAMSUNG Electronics leads the market with 46% market share. Samsung’s share is 52% in the smartphone DRAM market and 39% in the NAND flash market, ranking first in both markets. Second SK Hynix 24% market share. Its market share is 25% in the DRAM market and 23% in the NAND flash market.

The combined shares of the two companies are 70 percent. They have a 76% market share in the DRAM market and 62% in the NAND flash market. However, the market share decreased slightly compared to last year’s analysis (Samsung 49% and SK 23%).

US company Micron ranked third with 15 percent market share, and the combined market share of these top three vendors reached 85 percent.

Stephen Entwistle, Vice President of Strategy Analytics, said, “Despite the growth of the 5G smartphone market, the smartphone memory market will be impacted by falling demand and macro market uncertainties. tissue.”

A few days back, it was report that South Korea’s Samsung posted its best April-to-June profit since 2018 last week, underpinned by strong memory chip sales to server customers even as demand from Smartphone manufacturers are cooled by inflation.

Shares in the world’s largest smartphone and memory chip maker jumped 2.5% after preliminary results for the second quarter were released, compared with a 1.5% gain in the broader market. than.

Samsung posted an operating profit of 14 trillion KRW (about 85,135 crore), up 11% from 12.57 trillion KRW (about 76,430 crore) a year earlier, just shy of 14.45 trillion KRW. (about 87,870 crore) from Refinitiv. Revenue increased 21% to 77 trillion KRW (approximately Rs 4,67,900 crore), in line with estimates.




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