South Korea’s leading semiconductor companies, Samsung Electronics and SK Hynix, account for more than 70 percent of the smartphone memory chip market.
According to Strategy Analytics on July 8, global smartphone DRAM and NAND flash sales were estimated at $11.5 billion (about Rs 91,300 crore) in the first quarter of this year.
samsung Electronics tops the market with 46% share. Samsung had a market share of 52 percent in the smartphone DRAM market and 39 percent in the Nand Flash market, ranking first in both markets. second rank SK Hynix Had 24 percent market share. It had a 25 per cent market share in the DRAM market and 23 per cent in the Nand Flash market.
The combined stake of both the companies is 70 per cent. They had a 76 percent market share in the DRAM market and 62 percent in the Nand Flash market. However, the market share fell slightly from last year’s analysis (Samsung 49 per cent and SK 23 per cent).
american firm micron ranked third with a 15 percent share, and the combined share of these top three suppliers reached 85 percent.
“Despite the growth of the 5G smartphone market, the smartphone memory market will continue to be impacted by decreased demand and macro-market uncertainties,” said Stephen Entwistle, Vice President of Strategy Analytics.
A few days ago, it was informed of South Korea’s Samsung last week turned in its best April-June profit since 2018, based on strong sales of memory chips to server customers, despite calming demand from inflation-hit smartphone makers.
Shares of the world’s largest memory-chip and smartphone maker rose 2.5 percent after announcing second-quarter preliminary results, while the broader market gained 1.5 percent.
Samsung posted operating profit of KRW 14 trillion (approximately Rs 85,135 crore), up 11 per cent from KRW 12.57 trillion (approximately Rs 76,430 crore) a year ago, slightly lower than KRW 14.45 trillion (approximately Rs 87,870 crore). was. From Refinitiv. Revenue grew by 21 per cent to KRW 77 trillion (approximately Rs 4,67,900 crore) as per estimates.