Global DRAM Market Contracts Sharply in Q3
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 Nov. 8, the global DRAM market posted US$17.973 billion in sales in the third quarter, down 29.3 percent from US$25.427 billion in the second quarter.
Samsung Electronics’ DRAM sales fell 33.7 percent from US$11.121 billion in the second quarter to US$7.371 billion in the third quarter. The drop eclipsed the overall market decline. As a result, its market share in terms of sales also fell by 2.7 percentage points from 43.7 percent in the second quarter to 41.0 percent in the third quarter. This marked the lowest share in eight years since the third quarter of 2014 based on IDC data.
On the other hand, SK Hynix and Micron Technology, which rank second and third in terms of market shares, showed relatively modest declines compared to Samsung Electronics.
SK Hynix’s sales fell to US$5.298 billion from US$7.011 billion, while Micron’s sales slid to US$4.349 billion from US$5.941 billion. In the third quarter, SK Hynix’s market share stood at 29.5 percent and Micron’s 24.2 percent, up 1.9 percentage points and 0.8 percentage points from the previous quarter, respectively.