SEOUL – Samsung Electronics Co. Ltd. accounted for nearly half of the global smartphone memory market in the first quarter (Q1) of the year, a report showed today, as it tries to boost its presence in 5G devices.
The South Korean tech giant, which is the top memory chip producer in the world, dominated the market with a 49% share in the January-March period, reported industry tracker Strategy Analytics, quoted Yonhap news agency.
Samsung was followed by South Korean compatriot SK Hynix Inc with a 23% share and United States chipmaker Micron Technology Inc with a 14% share.
The global smartphone memory market logged a total revenue of US$11.4 billion (RM47.5 billion) in Q1, up US$9.4 billion from a year ago.
In the dynamic random access memory sector, which grew 21% on-year, Samsung has a revenue share of 54%, followed by SK Hynix with 25% and Micron with 20%.
Strategy Analytics senior analyst Jeffrey Mathews said: “The recovery in the smartphone end-market resulted in early customer orders for memory vendors, who shipped high-density memory chips to some of the key smartphone models.”
“Samsung Memory, SK Hynix and Micron all gained shares aided by the shipment of high capacity multi chip package-based memory solutions.”
In the NAND market, which reported an 18% on-year growth, Samsung registered a revenue share of 42%, followed by SK Hynix with 20% and Japanese Kioxia Corp with 19%. – Bernama, July 8, 2021
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