Global NAND Market Surges 70% in Second Quarter as Samsung and SK Hynix Retain Top Spots
Translated from Korean and summarized by DistantNews. Read the original for the full story.
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- Global NAND flash market revenue increased 70% from the previous quarter in the second quarter.
- NAND prices rose sharply for a second straight quarter, expanding overall market revenue.
- Samsung Electronics and SK Hynix retained the first and second positions in global market share, respectively.
The global NAND flash market grew 70% in the second quarter from the previous quarter, as a sharp rise in NAND prices drove a major expansion in market revenue.
Samsung Electronics and SK Hynix maintained their positions as the market’s No. 1 and No. 2 companies, respectively.
The figures, reported by market research firm Counterpoint Research on the fourth, show that NAND prices increased significantly for two consecutive quarters.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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