Tuesday, June 30, 2015
South Korea's top tech giant Samsung Electronics Co. saw the sales of dynamic random access memory (DRAM) reach to a record level in the first quarter of this year, industry data showed Monday, with its market share also hitting its highest since 2011.
Samsung Electronics shipped DRAM products worth US$5.28 billion in the January-March period, up 41.3 percent from a year earlier, according to the data compiled by industry tracker IHS Technology.
The South Korean tech firm also posted a 44.1 percent share in the global DRAM market, marking the highest level since the 45 percent posted in the third quarter of 2011, the data also showed.
SK hynix Inc., Samsung's smaller South Korean rival, shipped $3.31 billion worth of DRAMs over the cited period to take up 27.6 percent of the global market. U.S.-based Micron Technology Inc. came next by taking up 21.2 percent of the market in the first quarter by selling $2.53 billion.
Industry watchers said Samsung Electronics' robust performance came as the company successfully started the mass production of 20-nano products.
Taiwan-based Nanya Technology Corp. and Winbond Electronics Corp. held 3.1 percent and 1.3 percent each, the data showed.
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