Samsung Surpasses SK Hynix to Lead Global DRAM Market in Q3 2023
A recent survey revealed that Samsung Electronics has reclaimed the top spot in the global DRAM market, surpassing SK Hynix in the third quarter of 2023.
According to market research firm China Flash Market (CFM) on the 19th, Samsung achieved a DRAM market share of 34.8% in Q3, narrowly beating SK Hynix, which held a share of 34.4%, by a mere 0.4 percentage points. After losing the title to SK Hynix in the first quarter of this year, Samsung regained its position in just two quarters.
The regain of the top position for Samsung is largely attributed to the increased supply of High Bandwidth Memory (HBM). In Q3, Samsungs bit shipment of HBM saw a remarkable 85% increase compared to the previous quarter. Additionally, the rising prices of general DRAM contributed to Samsungs DRAM revenue reaching $13.942 billion, marking a new record for quarterly earnings.
SK Hynix also reported impressive results in Q3, with DRAM revenue reaching $13.79 billion, a 12.4% increase from the previous quarter. Micron Technology secured the third position in the DRAM market with a share of 22.4%.
In the NAND flash market, Samsung maintained its lead with sales of $5.366 billion, achieving a market share of 29.1%. SK Hynixs NAND flash revenue grew to $3.536 billion, a 5.8% increase from the last quarter, securing the second position with a market share of 19.2%.
Kioxia reported NAND flash revenues of $2.046 billion for Q3, marking a substantial 28.1% increase compared to the previous quarter, with a market share of 16.5%. Western Digital followed closely with NAND flash revenue of $2.378 billion, growing by 21.4% from the previous quarter, and capturing a market share of 12.5%. Micron ranked fifth with a market share of 12.2%.
Overall, the total DRAM market revenue reached $40.037 billion, reflecting a 24.7% increase from the previous quarter. The global NAND market also saw growth, reaching $18.422 billion, up 16.8% from the prior quarter. The third quarter of 2023 demonstrated significant expansion in the global memory market.
According to market research firm China Flash Market (CFM) on the 19th, Samsung achieved a DRAM market share of 34.8% in Q3, narrowly beating SK Hynix, which held a share of 34.4%, by a mere 0.4 percentage points. After losing the title to SK Hynix in the first quarter of this year, Samsung regained its position in just two quarters.
The regain of the top position for Samsung is largely attributed to the increased supply of High Bandwidth Memory (HBM). In Q3, Samsungs bit shipment of HBM saw a remarkable 85% increase compared to the previous quarter. Additionally, the rising prices of general DRAM contributed to Samsungs DRAM revenue reaching $13.942 billion, marking a new record for quarterly earnings.
SK Hynix also reported impressive results in Q3, with DRAM revenue reaching $13.79 billion, a 12.4% increase from the previous quarter. Micron Technology secured the third position in the DRAM market with a share of 22.4%.
In the NAND flash market, Samsung maintained its lead with sales of $5.366 billion, achieving a market share of 29.1%. SK Hynixs NAND flash revenue grew to $3.536 billion, a 5.8% increase from the last quarter, securing the second position with a market share of 19.2%.
Kioxia reported NAND flash revenues of $2.046 billion for Q3, marking a substantial 28.1% increase compared to the previous quarter, with a market share of 16.5%. Western Digital followed closely with NAND flash revenue of $2.378 billion, growing by 21.4% from the previous quarter, and capturing a market share of 12.5%. Micron ranked fifth with a market share of 12.2%.
Overall, the total DRAM market revenue reached $40.037 billion, reflecting a 24.7% increase from the previous quarter. The global NAND market also saw growth, reaching $18.422 billion, up 16.8% from the prior quarter. The third quarter of 2023 demonstrated significant expansion in the global memory market.
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