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Samsung and SK Hynix looking to good play in memory market for 2H21: Research

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The top two chip manufacturing firms in South Korea- Samsung and SK Hynix promising a good play in the memory market for the second half of this year, says a DigiTimes research. The rose in smartphones, servers, and other IoT devices result in an overwhelmed demand for memory chips.

Speaking of their market value, both companies account for the lion’s share in the memory market. The DRAM and NAND flash memory chip’s market value scored KRW17.7 trillion (about 25.8 billion USD) for the second quarter of 2021. Additionally, the NAND market shows a positive sequential growth rate, which was negative in the previous quarter.

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Moving ahead, the vigorous memory sales for systems and servers and the advanced manufacturing of both company’s are responsible for revenue growth. Furthermore, Samsung and SK Hynix are planning to introduce their 176-layer NAND and EUV 1αnm DRAM chips to the memory market for production.

Both firms will likely start their production by the second half of this year. It’ll surely strengthen their production and boosts sales in the global market. At this rate, the day is not far when both the companies will surpass other international companies and dominate the market.

SK Hynix chips

Global DRAM Memory Market Status in 2021:

Applications of DRAM memory are will surely show more expansion in the coming period. Its technical capabilities are fully used in fabrication substrates. The global DRAM memory market report shows a big annual increase of 30%. The work from home, online business, and education has accelerated the demand for memory chips in 2021.

As mentioned earlier. Samsung Electronics and SK Hynix are two big players in the market registered an increased growth rate of 41.5% and 29.3% respectively. Moreover, Micron Technology, Nanya, and Winbond are also in line with the third, fourth, and fifth positions. The other players include the following names in the memory market-

  • Toshiba Corporation
  • Intel Corporation
  • Renesas Electronics Corporation
  • SanDisk Corp.
  • Numonyx Inc.
  • Powerchip Technology Corporation
  • Spansion Inc.

(Via- DigiTimes)

Yash is a graduate of computer science and followed his way into journalism, he is interested in various subjects related to technologies and politics. Yash likes to listen classical songs and has a huge library of classical mixes.