Samsung's Q1 DRAM sales fell $9 million from the previous quarter

The latest statistics show that Samsung Electronics, the world's largest memory chip maker, continued its decline in DRAM sales in the first quarter of this year, showing two consecutive quarters of declines due to weak DRAM prices and other unfavorable factors.

Yonhap News Agency reported that according to data released by market research firm Omdia on July 12, during the first quarter of 2022, Samsung’s DRAM sales were US$10.34 billion, a decrease of US$9 million from the previous quarter and a decrease from the second consecutive quarter. In the fourth quarter of 2021, Samsung's DRAM sales fell 9% quarter-on-quarter to $10.5 billion. However, Samsung still ranks first in the global DRAM market, with a market share of 42.7% as of the first quarter of 2022, up 0.8 percentage points from the fourth quarter of 2021.

The report pointed out that Samsung's DRAM sales were hit mainly because DRAM prices entered a cyclical downturn, the Russian-Ukrainian war dragged on, and the electronics industry supply chain was disrupted due to China's lockdown.

DRAM prices have been falling steadily recently, falling 9.5% in October last year and 8.1% in January this year.

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