South Korean Samsung managed to equal its competitors in the RAM and storage market. The firm dominates more than half of the market.
Although Samsung makes money with its phones and televisions, the company’s income sources are not limited to this. Samsung even supplies parts to its rival Apple in terms of RAM and storage. It’s not just Apple. Most of the Android phones on the market are supported by Samsung, NAND and DRAM. In this way, Samsung manages to fill its case more than enough.
Samsung is the leader in RAM and storage
According to the latest research from Strategy Analytics, the global smartphone memory market was $11.4 billion in the first quarter of 2021. Samsung Memory succeeded in becoming the leader in this market, which accounts for 49 percent of sales. Samsung is followed by SK Hynix and Micron. Together, these three companies accounted for more than 80 percent of the global smartphone memory market revenue in the first quarter of 2021.
The NAND flash memory market for smartphones saw an 18 percent year-over-year increase in revenue driven by the adoption of UFS modules, particularly in mid-range and high-end devices. Samsung Memory holds 42 percent of this market. SK Hynix follows the South Korean company with 20 percent. Kioxia is in third place with 19 percent.
In the first quarter of 2021, annual revenue from the sale of DRAM chips for smartphones increased by 21 percent compared to the same period last year. Samsung Memory dominates 54 percent of this market. Samsung is followed by SK Hynix and Micron with 25 percent and 20 percent, respectively.
Samsung is expected to experience a big increase in DRAM and NAND, especially in the last quarter of this year. Despite the chip crisis, this rise of Samsung may be a signal that it will push its competitors off the track very soon.