Samsung Electronics Co. increased its share in the global NAND flash market in the third quarter of the year largely thanks to strong demand from Chinese smartphone makers, industry data showed Friday.
Samsung logged $3.74 billion in sales from its NAND flash shipment in the July-September period, accounting for 36.6 percent of the global market. The third-quarter share marks a slight rise from the previous quarter's 36.3 percent, according to data compiled by market researcher DRAMeXchange.
Toshiba of Japan came next with $2.03 billion in sales, or 19.8 percent, followed by Western Digital with 17.1 percent, SK hynix with 10.4 percent and Micron with 9.8 percent, the data showed.
NAND flash memory products are widely used in smartphones and laptops. Compared to dynamic random access memory, flash memory can preserve data even when it has no power supply.
The market researcher said Samsung's third-quarter NAND flash bit shipments increased by 20 percent compared with the previous quarter.
"Samsung's revenue outlook for this fourth quarter is expected to be even better than the third. Moreover, Samsung will continue to enlarge its market share for client and enterprise-grade SSDs," (Yonhap)
