Research Institute: Global DRAM Market Size of US$14.8 Billion in Q1 Down by Nearly 5% Quarter-On Month

According tomedia reports, data released by research institutions show that although the average price of global DRAM (dynamic random access memory) products rose by 5% in the first quarter of this year, the overall market size was less than in the previous quarter, down nearly 5% from the previous quarter. According to data released by research institutions, the global DRAM market was $14.8 billion in the first quarter, down 4.6% from the previous quarter.

Research Institute: Global DRAM Market Size of US$14.8 Billion in Q1 Down by Nearly 5% Quarter-On Month

With average price increases of 5%, the DRAM market has declined by 4.6% month-on-month, mainly due to shipments and logistics services affected by the outbreak, and final shipments declined month-on-month.

Despite a decline in the market size in the first quarter, research firms said That DRAM manufacturers reduced their inventories in the first quarter and those that failed to complete in the first quarter will move to the second quarter, where shipments are expected to rebound and DRAM makers’ revenue is expected to grow 20 percent quarter-on-quarter.

Specifically, Samsung Electronics,SK Hynix and Micron Technology are the world’s three largest DRAM suppliers, research institutions expect their DRAM products revenue to decline 3%, 4% and 11% in the first quarter, Samsung’s share of the global market is 44.1%,SK Hynix share s29.3%, Micron Technology share of 20.8%, the three major suppliers share more than 94%.