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South Korea’s share of NAND Flash memory surpasses 50% in Q2 2022: Report

According to the latest report, in the second quarter of this year, Samsung Electronics NAND flash memory sales fell month-on-month, but it is still the largest manufacturer, and the market share of Korean manufacturers is still at 50%. Moreover, the sales of Samsung Electronics’ NAND flash memory in the second quarter were 5.98 billion US dollars, down 5.4% from the previous quarter, and its share also decreased from 35.3% in the previous quarter to 33%.

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Although the sales of Samsung Electronics’ NAND flash memory declined sequentially in the second quarter and its share also decreased, its market share of nearly one-third is still much higher than that of other manufacturers.

NAND Flash memory market Korea

Second, only Samsung Electronics in sales is SK Hynix. They and Solidigm, which was established after the acquisition of Intel’s NAND flash memory business, had sales of US$3.615 billion in the second quarter, an increase of 12.1% from the previous quarter. It became the second largest NAND flash memory manufacturer, and its market share increased from 18% to 19.9%.

The sales of Kioxia NAND flash memory in the second quarter were US$2.832 billion, down 16.3% from the previous quarter, and its share decreased from 18.9% to 15.6%; the fourth largest in sales was Western Digital, which was US$2.4 billion in the second quarter, a quarter-on-quarter increase 7%, and the market share increased by 0.7 percentage points to 13.2%; Micron’s NAND flash memory sales in the second quarter were US$2.288 billion, an increase of 16.9% year-on-year, and the market share reached 12.6%, higher than the previous quarter’s 10.9%.

(VIA)

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