DRAM revenue grows 15.4% to $17.1 bn in second quarter

Samsung has maintained its dominant position in the DRAM memory chip market with 43.5 percent share in the second quarter of 2020.
DRAM market revenue Q2 2020Though Samsung’s DRAM market share fell 0.6 percentage point from three months earlier, its revenue increased 13.8 percent to $7.4 billion in the June quarter, according to data from market research firm TrendForce.

Samsung’s competitor SK Hynix is in second position with 30.1 percent market share in the second quarter

US chipmaker Micron Technology has the third rank with 21 percent market share. “The DRAM market saw an increase in both prices and bit shipments, leading to a double-digit rise in revenue for the three suppliers,” TrendForce said.

All three leading suppliers posted an increase in their operating margins in the second quarter of 2020 as the overall average selling price rose by around 10 percent.

Samsung’s operating margin reached 41 percent in the second quarter, up from 32 percent three months ago. The global DRAM market collected $17.1 billion in revenue in the second quarter, up 15.4 percent from three months ago.

The TrendForce report said that DRAM suppliers are likely to suffer a decline in profitability in the third quarter of the year as chip prices are expected to drop while product shipments stay flat.