Memory Semiconductors Enter Supercycle... "Record High Sales Expected Next Year"

[Asia Economy Reporter Jeong Hyunjin] The memory semiconductor market is entering a boom period this year and is expected to record the highest sales ever next year.

On the 21st, market research firm IC Insights predicted that the total global sales of memory semiconductors will reach $180.4 billion (approximately 204 trillion KRW) next year, setting a record high. This is expected to surpass the previous record of $163.3 billion set during the semiconductor supercycle in 2018.

Memory semiconductor sales entered a decline phase after reaching an all-time high in 2018, dropping by $11.04 billion in 2019, and recovering to $126.7 billion last year. IC Insights forecasted that this year, memory semiconductor sales will increase by 23% compared to the previous year, reaching $155.2 billion, driven by the rapid rise in DRAM prices.

(Source: IC Insights)

The memory semiconductor boom is expected to peak in the year after next. IC Insights anticipates that memory semiconductor sales will rise 22% higher than next year's record-breaking sales, reaching $219.6 billion in the year after next.

This year, the memory semiconductor market is expected to be divided between DRAM, accounting for 56% of sales, and NAND flash, accounting for 41%, according to IC Insights.

With the anticipated super boom in memory semiconductors, sales of companies like Samsung Electronics and SK Hynix are expected to grow rapidly. According to market research firms, Samsung Electronics holds about 42% of the global DRAM market share by sales, ranking first, followed by SK Hynix with 29% in second place. In NAND flash, Samsung Electronics holds the top spot with about 32% market share, and SK Hynix, combined with the Intel NAND business it is set to acquire, holds a market share in the 20% range, ranking second.

This content was produced with the assistance of AI translation services.