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Samsung’s DRAM sales fell in Q1 for the 2nd straight quarter

SEOUL, July 12 (Yonhap) — Samsung Electronics Co.’s DRAM chip sales fell for the second straight quarter, Omdia reported Tuesday.

DRAM sales from the country’s largest memory chipmaker hit $10.34 billion (13.476 billion won) in the first quarter, down $9 million (1.17 billion won) from the quarter. previous. Revenue has declined for two quarters in a row after hitting $11.53 billion in the third quarter of 2021.

However, despite the decline in sales, Samsung’s share of the DRAM market was 42.7% in the first quarter, up 0.8 percentage points from the previous quarter, maintaining the top spot worldwide. The decrease in revenue is attributed to the continued decline in DRAM prices and the disruption of ICT product production due to the war between Russia and Ukraine and the prolonged lockdown in major cities in China in due to the novel coronavirus (Covid-19) pandemic.

DRAM sales from SK hynix, the country’s second-largest memory chip maker, also fell $871 million quarter-on-quarter to $6.55 billion in the first quarter. SK hynix’s market share fell 3 percentage points quarter-on-quarter to 27.1% for the January-March period.

The size of the global DRAM market has also declined for two quarters in a row after peaking at $26.24 billion in the third quarter of 2021. The figure for the first quarter of this year was $24.25 billion. .

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