Demand, price helps Samsung expand lead in DRAM market in Q2: Report

Samsung Electronics expanded its dominance in the global DRAM market in the second quarter of the year, a report showed on Tuesday, thanks to bullish demand and chip price hikes.

The South Korean tech giant registered a 43.6 percent share of the global DRAM flash market in terms of revenue in the April-June period, up 1.6 percentage points from a quarter earlier, according to market tracker TrendForce.

Samsung’s revenue came to US$10.51 billion in the second quarter, up 30.2 percent from a quarter earlier.

Its growth was above the industry average of 25.6 percent in the second quarter, reports Yonhap news agency.