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Samsung tops smartphone memory chip market once again

Business
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Last updated: October 15th, 2020 at 07:51 UTC+02:00

Samsung topped the global smartphone memory chip (DRAM) market once again. During the first half of 2020, the company maintained its number one position in terms of shipments as well as revenue. Its revenue share was more than double its next best competitor.

According to a new report from market analysis firm Strategy Analytics, Samsung Semiconductor’s revenue share for H1 2020 was 49%, while SK Hynix and US-based firm Micron Technologies’ revenue shares were 24% and 20%, respectively. In terms of shipments, the South Korean tech giant’s market share was 54%.

In the global smartphone NAND flash chip market, Samsung’s revenue share stood at 43% during the first half of the year. Kioxia Holdings Corp. and SK Hynix’s revenue shares were 22% and 17%, respectively. According to the same report, the combined revenue in the smartphone memory chip segment was $19.2 billion during H1 2020. In Q2 2020 alone, the revenue stood at $9.7 billion, which is 3% higher than Q2 2019.

Due to the upcoming festive season, higher smartphone sales could lead to higher revenue for Samsung in both DRAM and NAND flash segments. However, US sanctions against Huawei is expected to have a negative impact on memory chip makers like Samsung.

Via Business DRAMNANDSamsung Semiconductor
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