Samsung Electronics maintains its leadership in the Q1 memory chip market

Due to its reliance on its semiconductor chip industry, Samsung, the world leader in memory chip manufacture, has recently experienced severe difficulties. The top manufacturer of memory chips globally, surprisingly, is still Samsung.  Samsung Electronics has been at the top of the DRAM industry over the past three months, with a market share of 42.8%. The company’s DRAM sales totaled $4.01 billion in the months of January through March, but there has been a considerable downturn.

The revenue for the prior year was $10.35 billion, with a dramatic decline of 61.2 percent and a decreased income of around 25.2% in comparison with the earlier three months. In second place, Micron Technology Inc. grabbed a 27.2% share, and third place belongs to SK Hynix, which used to be in top position. SK Hynix has always been a tough competitor for Samsung. A $2.5 billion operational loss was recorded for the period of three months by SK Hynix, which always derives the highest revenue from memory chip sales.

Now, analyzing Samsung Electronics position in the NAND flash market, its percentage is coming up to 0.4 to 34.3 percent. While concerning the previous year, the firm experienced a quite bigger drop in quarterly sales in this sector, with NAND flash revenue plunging to $2.99 billion in the first quarter from $6.33 billion. It is important to note that in order to maintain its good place in the memory chip business in the face of escalating competition and difficult market conditions, Samsung is concentrating its efforts on the development of DDR5 DRAM and HBM memory going forward.

The next advancement in PC main memory is DDR5. This version focuses largely on enhancing RAM’s density and bandwidth while reducing its power consumption. High-bandwidth memory (HBM) is a standardized stacked memory technology that offers very broad channels for data both inside the stack and between the memory and logic. An industry insider stated that “SK Hynix had preemptively begun to reduce production as DRAM prices fell sharply in the first quarter, which led to a decrease in shipments and a temporary decline in market share.”

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Thanks to “YNA