SEOUL, March 7 (Korea Bizwire) – Samsung Electronics Co. continued to sit on the throne of the world’s NAND flash market in the fourth quarter of 2015, data showed Sunday, expanding the gap with other smaller rivals around the globe.
The South Korean tech giant accounted for 33.6 percent of the market in the October-December period, data compiled by industry tracker DRAMeXchange showed, beating 18.6 percent posted by Japan’s Toshiba Corp.‘
The figures compare to the third quarter, when Samsung accounted for 31.5 percent of the market, and when Toshiba, a traditional leader in the market, held 20.5 percent.
NAND flash memory products are widely used in smartphones and laptops. Compared to mobile dynamic random access memory (DRAM), flash memory can preserve data even when it has no power supply.
Over the fourth quarter, U.S.-based SanDisk Corp. and Micron Technology Inc. also took up 15.8 percent and 13.9 percent of the market, respectively. Samsung’s smaller South Korean rival, SK hynix Inc., held 10.1 percent.
“Samsung was one of the few manufacturers that experienced revenue growth in the fourth quarter of 2015 on account of its lead in 3D-NAND Flash development,” DRAMeXchange said, adding that its products’ sales also gained ground.