The worldwide NAND flash memory market posted revenues of US$8.58 billion in the third quarter of 2014, up 12.2% sequentially, according to DRAMeXchange. Samsung Electronics remained the largest supplier with a 29.7% market share.

"Embedded products manufactured on next-generation process technology became mainstream in the market in the third quarter, improving vendors' cost structure," said Sean Yang, assistant VP of DRAMeXchange. "As new iPhone sales are expected to remain strong in the fourth quarter and new products will be hitting shelves, the outlook is rosy for the NAND flash market."

Samsung continued to lead the market in the third quarter with revenues of US$2.46 billion and a 29.7% market share, followed by Toshiba with US$1.94 billion and a 22.6% share, DRAMeXchange disclosed.

SanDisk came in third with US$1.61 billion and a 18.8% market share. The remainders of the top-six were rounded out by Micron, SK Hynix and Intel, which had market shares of 12.2%, 10.3% and 6.5%, respectively, DRAMeXchange said.

In terms of revenue growth, Toshiba outperformed its peers in the third quarter, DRAMeXchange indicated. Toshiba saw its NAND flash shipments increase more than 25% sequentially in the third quarter leading to a 23.7% rise in revenues during the quarter.

By: DocMemory
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