Samsung topped the global smartphone memory market in Q1 2021: SA

On July 7, 2021, the market analyzing company- Strategy Analytics released the latest research report of the global smartphone memory market measured a total revenue of 11.4 billion US Dollars in Q1 2021.

According to the report, Samsung Memory led the smartphone memory market with 49 percent (DRAM & NAND) followed by SK Hynix and Micron in Q1 2021. These three companies captured more than 80 percent revenue share in the global smartphone memory market in the first quarter of  2021.

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Talking about the NAND market, the smartphone NAND flash market observed 18 percent year-over-year growth in revenues driven by the adoption of UFS NAND flash chips, especially in mid and high-end devices.

Samsung Memory claimed the top spot with a revenue share of 42 percent followed by SK Hynix with 20 percent and Kioxia with 19 percent share in the smartphone NAND market in Q1 2021.

And the DRAM memory chip revenue observed an annual revenue growth of 21 percent in the quarter owing to the increase in new 5G device launches by smartphone customers.

Samsung Memory led in terms of market share, capturing a revenue share of 54 percent followed by SK Hynix and Micron each having 25 percent and 20 percent respectively in the smartphone DRAM market in Q1 2021.

A senior analyst at Strategy Analytics Jeffrey Mathew said, “The recovery in the smartphone end-market resulted in early customer orders for memory vendors who shipped high-density memory chips to some of the key smartphone models. Samsung Memory, SK Hynix, and Micron all gained share aided by the shipment of high capacity Multi-Chip Package (MCP) based memory solutions.”

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