Contract prices of most DRAM products advanced by just around 3% QoQ on average in 2Q18, except for contract prices of graphics DRAM products that surged by nearly 15% QoQ on the back of cryptocurrency-related demand.
DRAM prices, according to DRAMeXchange, are almost at their peaks. Looking ahead, it believes that the chance for another significant hike in prices in 4Q18 are slim because the top suppliers will start using their newly added production capacity in 2H18. At the same time, the growth in demand will be fairly limited.
Samsung topped the revenue ranking for 2Q18 as its total DRAM revenue for the quarter went up by 8.2% QoQ to a new high of $11.21billion. SK Hynix’s 2Q18 revenue leapt by 19.5% QoQ to $7.69billion, due to a significant increase in bit shipments.
SK Hynix saw a large jump in revenue growth and was also able to recapture some of the previously lost market share.
Samsung’s and SK Hynix’s global market shares in revenue terms came to 43.6% and 29.9%, respectively, in 2Q18. Together, the two South Korean suppliers accounted for about 73.5% of the global market.
Micron stayed at the third place in the ranking with its revenue advancing by 6.3% QoQ to $5.54 billion.