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(MENAFN- IANS)
Seoul, July 12 (IANS) Samsung Electronics, the world’s major memory chip maker, observed its DRAM revenue fall in the initially 3 months of the year for a 2nd quarter on weaker charges and other negatives, but the corporation retained its leading place in the worldwide current market, data showed on Tuesday.
Samsung’s DRAM profits arrived to $10.34 billion in the January-March interval, down $9 million from three months earlier, according to the info from international industry researcher Omdia.
It marks the second straight quarter of falls. Samsung’s profits of DRAM, its flagship memory solution, dropped 9 per cent on-quarter to $10.5 billion in the fourth quarter of final yr, stories Yonhap information company.
But Samsung retained its main standing in the world wide DRAM marketplace, with its sector share having appear to 42.7 per cent as of conclude-March, up .8 percentage issue from a few months before.
DRAM, or dynamic random-obtain memory, is a variety of volatile semiconductor memory that retains knowledge as very long as electrical power is equipped. It is normally made use of in private personal computers, workstations and servers.
The decrease in Samsung’s DRAM earnings came amid a cyclical downturn in DRAM price ranges, the prolonged war in Ukraine and disrupted manufacturing of tech solutions stemming from China’s coronavirus lockdowns.
DRAM costs have been on a continuous decline because sinking 9.5 per cent in October past calendar year and shrinking 8.1 % in January this 12 months.
SK hynix, the world’s No. 2 DRAM maker, noted DRAM income of $6.56 billion in the first quarter, down $871 million from the October-December period. Its sector share dropped to 27.1 percent from 30.1 p.c in excess of the cited interval.
But US chipmaker Micron Technology, the 3rd-most significant industry participant, saw its first-quarter DRAM profits enhance by $575 million to $6.03 billion, with its market place share growing to 24.8 per cent from 22.1 percent.
World DRAM sales stood at $24.25 billion in the initial quarter of this yr, marking the next consecutive quarter of declines following peaking at $26.24 billion in the July-September period of time of last 12 months.
–IANS
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