Samsung, SK Hynix, and Micron Dominate the Smartphone Memory Market

Samsung, SK Hynix, and Micron Dominate the Smartphone Memory Market
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The global smartphone memory market clocked a total revenue of $11.5 billion in Q1 2022, according to Strategy Analytics. The report finds that Samsung managed the top spot in the smartphone memory market (DRAM & NAND) followed by SK Hynix and Micron. The combined revenue share of the top 3 vendors reached 85 percent in the global smartphone memory market in the quarter.

The overall NAND flash market revenue for smartphones witnessed revenue growth of 7 percent year-over-year driven by the shipment of high-capacity UFS NAND flash chips. Samsung managed a revenue share of 39 percent followed by SK Hynix and Kioxia each having 23 percent and 20 percent respectively in the smartphone NAND market in 1Q22. In terms of specifications, 128GB NAND capacity share has now reached 45 percent owing to the expansion of UFS 3.1 and UFS 2.2 NAND products in smartphones.

The smartphone DRAM memory chip segment revenues suffered a decline of 7 percent as OEM demand weakened due to seasonality and disruption in the customer supply chain. Samsung led in terms of market share, capturing a revenue share of 52 percent followed by SK Hynix with 25 percent and Micron with 22 percent. LPDDR4X products dominate share while DRAM products with LPDDR5 specifications continue to witness demand from customers.