Samsung takes nearly half of smartphone memory market in Q1: Report

by BERNAMA / pic by TMR FILE

SEOUL – Samsung Electronics Co accounted for nearly half of the global smartphone memory market in the first quarter of the year, a report showed Thursday, as it tries to boost its presence in 5G devices.

The South Korean tech giant, the world’s top memory chip producer, dominated the market with a 49 per cent share in the January-March period, Yonhap news agency quoted a report from industry tracker Strategy Analytics.

Samsung was followed by its South Korean compatriot SK hynix Inc with a 23 per cent share and United States chipmaker Micron Technology Inc with a 14 per cent share.

The global smartphone memory market logged a total revenue of US$11.4 billion in the first quarter, up from $9.4 billion a year ago.

In the dynamic random access memory (DRAM) sector, which grew 21 per cent on-year, Samsung had a revenue share of 54 per cent, followed by SK hynix with 25 per cent and Micron with 20 per cent.

“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,” said Jeffrey Mathews, a senior analyst at Strategy Analytics.

“Samsung Memory, SK hynix and Micron all gained shares aided by the shipment of high capacity Multi Chip Package (MCP) based memory solutions,” he added.

In the NAND market, which reported 18 per cent on-year growth, Samsung registered a revenue share of 42 per cent followed by SK hynix with 20 per cent and Japan’s Kioxia Corp with 19 per cent.