Samsung Electronics DRAM market share hits 8-year low

Samsung Electronics share of the global DRAM market has fallen to an eight-year low. According to a report released by Eugene Investment & Securities on November 8, the global DRAM market sales in the third quarter were US$17.973 billion, down 29.3% from US$25.427 billion in the second quarter.

Samsung Electronics DRAM sales fell from $11.121 billion in the second quarter to $7.371 billion in the third quarter, a drop of 33.7%, more than the decline in the overall market. As a result, its market share of sales also decreased by 2.7 percentage points from 43.7% in the second quarter to 41.0% in the third quarter.

This is the lowest share in eight years since the third quarter of 2014, according to IDC. On the other hand, SK Hynix and Micron Technology, which ranked second and third in terms of market share, declined relatively slightly compared with Samsung Electronics.

SK Hynix's sales fell from $7.011 billion to $5.298 billion, while Micron's sales fell from $5.941 billion to $4.349 billion. In the third quarter, SK Hynix's market share was 29.5%, and Micron's was 24.2%, up 1.9 percentage points and 0.8 percentage points from the previous quarter, respectively.

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