Samsung Electronics and other major makers of NAND flash memory chips saw their third-quarter sales increase sharply thanks to a surge in prices, according to industry data.

Samsung Electronics logged US$1.29 billion in sales of NAND flash memory chips used for mobile electronic devices in the July-September period, up 24.4 percent from three months earlier, the data released by Taipei-based Dramexchange Technology showed.
Industry leader Samsung’s market share rose slightly to 38.5 percent in the third quarter from 37.6 percent from the previous quarter.

Japan’s Toshiba, the world’s second-biggest NAND flash memory chipmaker, posted $1.16 billion in third-quarter sales, up 21.3 percent from the previous quarter. Its market share remained unchanged at 34.7 percent.

U.S. chipmaker Micron Technology’s sales increased 33.9 percent on-quarter to $291 million, with its market share rising to 9.4 percent. The company moved one notch higher to become the world’s third-biggest NAND flash memory chipmaker, South Korean chip giant Hynix Semiconductor posted $219 million in sales, up 11.7 percent from three months earlier. Hynix posted an 8.7 percent market share, while its industry ranking fell one spot to third. According to the online chip clearing house, contract prices for 16-gigabit 2Gx8 MLC, one of the main NAND flash memory chip products, soared to $5.18 in October from $2.31 in early 2009.

YonhapNewsAgency

Related posts:

1. UBS Picks Samsung as Favorite in Memory Market A Swiss-based financial firm on Friday picked Samsung Electronics of South Korea as the chipmaker most likely to lead the...
2. Samsung to Produce 27-nanometer NAND Flash in Q2 Samsung Electronics, the world’s largest memory chipmaker, said Tuesday that it will start mass producing a 27-nanometer based NAND flash...
3. Hynix Develops 26-nanometer NAND Flash Memory Hynix Semiconductor, the world’s second-largest memory chipmaker, said Tuesday that it has developed a 26-nanometer based NAND flash memory chip,...