Seoul [South Korea], December 13 (ANI/Global Economic): The global semiconductor market surpassed USD 150 billion in the third quarter of this year. Samsung Electronics topped the market, beating the US Intel.
According to related industries on the 10th, market research firm Omdia said in its recent report that global semiconductor market sales in the third quarter of 2021 reached USD 153.2 billion (about 180.406 trillion won). This is an increase of 7.6 percent from the previous quarter.
Omdia explained that third-quarter sales were led by seasonal demand, strong memory sales, and chip shortages. However, the growth rate was slightly less than the annual average of 7.9 percent from 2002 to last year.
In the third quarter, the global semiconductor market was led by strong sales of memory products such as DRAM and NAND flash. The memory market grew 12 percent from the previous quarter.
In particular, the NAND flash market significantly expanded. NAND sales in the third quarter amounted to USD 18.7 billion, up 13.8 percent from USD 16.4 billion in the second quarter.
Omdia said, “The sales of display driver (DDI, 13 percent |) and image sensor (17 percent |) products also significantly increased, but the memory market is about five times larger in terms of size.”
For the market share of the top 10 companies in the global semiconductor market, Samsung Electronics overtook Intel and topped with USD 20.958 billion (about 24.6361 trillion won) in sales, up 13.0 percent from the previous quarter.
SK Hynix, the major Korean chip manufacture along with Samsung Electronics, also ranked third with sales of USD 9.976 billion (about 11.7267 trillion won), up 10.8 percent from the previous quarter.
On the other hand, sales of Intel’s flagship microprocessor unit (MPU) remained almost unchanged, down 1.8 percent from the previous quarter to USD 18.786 billion.
According to TrendForce, a Taiwanese market research firm, Samsung Electronics topped the DRAM and NAND markets in the third quarter with 44.0 percent and 34.5 percent market shares, respectively.
However, Samsung Electronics‘ semiconductor foundry market share remained at 17.1 percent, ranking second after Taiwan’s TSMC (53.1 percent). (ANI/Global Economic)
Samsung, SK Hynix strengthen semiconductor business in US
Seoul [South Korea], December 13 (ANI/Global Economic): Samsung Electronics and SK Hynix are strengthening their semiconductor businesses in North America through recent promotions and changes of executives.
According to the industry on the 10th, Samsung Electronics announced the new leadership and appointed Kang In-yup as resident and Head of Device Solutions Americas (DSA) for the DS Division. This is the first time that a president-level manager has been appointed for the DSA.
DSA, located in Silicon Valley, California, the US, is a leading research institute of Samsung Electronics‘ DS division. It is aiming to lead innovation by developing a growth engine.
The industry analyzed that Samsung Electronics is strengthening the business to target the North American market by promoting the head of the DSA this time. The newly appointed President Kang is an excellent expert in modem development and had served as the head of the System LSI division, which designs non-memory semiconductors and develops related technologies.
He is in charge of the key role in achieving Samsung Electronics‘ 2030 system semiconductor vision to contribute to the diversification of product lines based on technological leadership.
It is analyzed that Samsung Electronics appointed President Kang as the head of DSA to secure a new growth engine by strengthening its organizations in North America.
Samsung Electronics is seeking business opportunities in the North American market by investing 20 trillion won (USD 17 billion) in the establishment of the second chip foundry.
Samsung Electronics is strengthening its organization for its future vision of developing new semiconductor technologies and creating new markets despite current complex situations such as fierce competition and cooperation among chip manufacturers and the US-China trade war.
Samsung Electronics Vice Chairman Lee Jae-yong also visited DSA on his business trip to the US, and encouraged local employees in North America.
Vice-Chairman Lee said here, “With the new maps of future world and industry, our circumstances are dramatically changing. I hope that we create a new Samsung that pioneers the future that no one has ever been to.”
SK Hynix also recently conducted executive reshuffle and organization reform to establish a new unit for business in the American region, speeding up to target the North American market. This organization will be the basis for SK Group to target the U.S. market. In particular, it is aiming to strengthen the global competitiveness for its NAND division and sign
The newly established organization will be managed by Lee Seok-hee, CEO of SK Hynix. It will develop future businesses by establishing the North American R&D institute under the organization.
SK Hynix is also looking for business opportunities through strategies to strengthen its North American business, including recent investment in the US. SK Group Chairman Chey Tae-won recently visited the US and said that he would invest more than 60 trillion won in the US. Some are expected to be invested in the semiconductor industry. (ANI/Global Economic)
