SK Hynix Surpasses Samsung Electronics to Become 'World's No. 1 in DRAM' for Two Consecutive Quarters

[Financial News] SK Hynix has overtaken Samsung Electronics to rank first in the global DRAM market for the second consecutive quarter, following the first quarter of this year.
According to market research firm TrendForce on the 2nd, global DRAM market sales in the second quarter of this year were $31.63 billion, up 17.1% from the previous quarter. TrendForce analyzed that this was due to rising DRAM prices, increasing shipment trends, and growing demand for high-bandwidth memory (HBM).
SK Hynix's second-quarter DRAM sales surged 25.8% from the previous quarter to $12.23 billion. Market share increased from 36% in the first quarter to 38.7%, up 2.7 percentage points. As a result, SK Hynix, which surpassed Samsung Electronics for the first time on a quarterly basis in the first quarter of this year, maintained its top position for the second consecutive quarter.
Samsung Electronics' second-quarter DRAM sales increased 13.7% from the previous quarter to $10.35 billion. Market share decreased from 33.7% to 32.7%, down 1 percentage point.
Despite an increase in shipments, Micron, ranked third, saw its second-quarter sales increase only 5.7% from the previous quarter to $6.95 billion due to a decline in average selling price (ASP). Market share fell from 24.3% to 22%, down 2.3 percentage points.
TrendForce explained, "Global DRAM prices have resumed their upward trend, driven by strong demand from PC and smartphone manufacturers and cloud service providers."

ehcho@fnnews.com Reporter Eunhyo Cho