Samsung sees record sales of DRAM chips in 3rd quarter

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Samsung sees record sales of DRAM chips in 3rd quarter

Samsung Electronics, the world’s leading memory chipmaker, expanded its portion of the global dynamic random-access memory (DRAM) market to record a quarterly high in the third quarter, industry data showed yesterday.

The company accounted for 45 percent of global DRAM revenues in the July-September period, IHS iSuppli said, widening its lead over other suppliers despite the memory industry’s downturn.

While third-quarter global DRAM revenues dropped 16 percent from the previous three months, Samsung’s DRAM revenues fell 9 percent to $3.35 billion, the research firm said.

The contraction in the global DRAM industry was due to feeble consumer demand for PCs, which sent DRAM prices plummeting.

The average selling price of DRAM devices, which are used mainly for personal computers, fell 26 percent on-quarter, IHS said.

But the average price of DRAM made by Samsung declined just 17 percent in the third quarter, the research firm said. Shipments increased 9 percent.

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