South Korea's Samsung Electronics Co. and SK hynix Inc. posted record revenues in the global market for dynamic random-access memory chips in the third quarter of the year, data showed Wednesday.
According to the data compiled by industry tracker DRAMeXchange, Samsung's combined sales of DRAM chips came to $8.7 billion in the July-September period, up 15.2 percent from a quarter earlier. That of SK hynix also shot up 22.5 percent to $5.5 billion.
Samsung Electronics garnered a whopping 45.8 percent of the market over the cited period, followed by SK hynix with 28.7 percent. US-based Micron Group accounted for 21 percent.
The combined size of the market was estimated at $19.1 billion in the third quarter, up 16.2 percent from the April-June period.
Despite Samsung's leading performance, however, DRAMeXchange said Samsung may need to increase production to maintain its dominance.
"By increasing its output, Samsung will moderate the undersupply situation and constrain the price increases of its competitors. In sum, expanding capacity and maintaining a one to two-year technological lead over its rivals will reinforce Samsung's leadership in the long run," it said.
The industry tracker said Mircon is also likely to narrow the gap with SK hynix for the remainder of 2017.
"The situation will reverse in the fourth quarter with Micron having the highest average sales price and posting the largest overall price increase versus the top two Korean suppliers," DRAMeXchange said. (Yonhap)