3Q DRAM Market Shrinks Amid Memory Slump... Samsung's Market Share Declines
IDC Q3 Global DRAM Market Preliminary Statistics
SK Hynix and Micron Show Slight Increase in Market Share
[Asia Economy Reporter Kim Pyeonghwa] In the third quarter, the global DRAM market experienced a severe downturn, and the leading company Samsung Electronics saw a decline in related sales and market share.
According to Eugene Investment & Securities and market research firm IDC on the 8th, the global DRAM market size in the third quarter recorded $17.97399 billion, down 29.3% from the previous quarter ($25.427 billion). Due to the sluggish memory semiconductor industry, the related sector experienced a significant decline in performance in the third quarter, resulting in a contraction of the overall market size.
Samsung Electronics remained the top player in the DRAM market in the third quarter, but its sales decreased, leading to a drop in market share. Samsung Electronics recorded sales of $7.371 billion in the quarter, with a market share of 41.9%, down 2.7 percentage points from 43.7% in the previous quarter.
According to Eugene Investment & Securities, this market share of Samsung Electronics is the lowest in eight years since the third quarter of 2014, based on IDC statistics. However, since this figure was released prior to IDC's official announcement, there is a possibility of future changes.
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SK Hynix and US-based Micron, ranked second and third respectively, also saw a decrease in DRAM sales in the third quarter but experienced an increase in market share. SK Hynix recorded sales of $5.298 billion, representing a 29.5% market share, up 1.9 percentage points from 27.6% in the same period last year. Micron recorded sales of $4.349 billion, with a market share of 24.2%, up 0.8 percentage points from 23.4% in the previous quarter.
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