TrendForce: Samsung Electronics' Q1 NAND flash sales reached US$6.32 billion

The market research agency TrendForce said on May 26 that Samsung Electronics' first-quarter NAND flash memory sales were $6.32 billion, an increase of 3.4% month-on-month. Its market share has reached 35.3%, an increase of 2.2 percentage points from 33.1% in the fourth quarter of last year.

During the same period, global NAND flash sales reached US$17.92 billion, down 3.0% sequentially. NAND sales fell for two consecutive quarters, following a 2.1% decline in the fourth quarter of 2021.

Analysts said Samsung Electronics benefited from the closure of a NAND flash memory factory jointly operated by Western Digital (WD) and Japan's Kioxia earlier this year due to raw material pollution.

SK Group's SK Hynix and Solidigm (former Intel's NAND flash business unit) also gained 18.0% ($3.225 billion), followed by Kioxia (18.9%).

SK hynix maintained its fourth position with a 14.1 percent market share in the fourth quarter of 2021, but increased its market share by acquiring Solidigm, which ranked sixth with a 5.4 percent share, late last year. As a result, the Korean company's NAND market share has reached 53.3%, more than half of the global market.

The latest report of TrendForce TrendForce shows that the total output value of DRAM in the first quarter of 2022 decreased by 4.0% from the previous quarter, reaching US$24.03 billion (about 161.962 billion yuan).

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