FLASH MEMORY MAKERS' Q3 SALES JUMP ON PRICE HIKES

Fri. November 06, 2009; Posted: 04:35 AM

SEOUL, Nov 06, 2009 (AsiaPulse via COMTEX) -- SSNJY | Quote | Chart | News | PowerRating -- Samsung Electronics Co. (KSE:005930) and other major makers of NAND flash memory chips saw their third-quarter sales increase sharply thanks to a surge in prices, according to industry data Friday.

Samsung Electronics logged US$1.29 billion in sales of NAND flash memory chips used for mobile electronic devices in the July-September period, up 24.4 per cent from three months earlier, the data released by Taipei-based Dramexchange Technology Inc. showed.

Industry leader Samsung's market share rose slightly to 38.5 per cent in the third quarter from 37.6 per cent from the previous quarter.

Japan's Toshiba, the world's second-biggest NAND flash memory chipmaker, posted $1.16 billion in third-quarter sales, up 21.3 per cent from the previous quarter. Its market share remained unchanged at 34.7 per cent.

U.S. chipmaker Micron Technology's sales increased 33.9 per cent on-quarter to $291 million, with its market share rising to 9.4 per cent. The company moved one notch higher to become the world's third-biggest NAND flash memory chipmaker,

South Korean chip giant Hynix Semiconductor Inc. (KSE:000660) posted US$219 million in sales, up 11.7 per cent from three months earlier. Hynix posted an 8.7 per cent market share, while its industry ranking fell one spot to third.

According to the online chip clearing house, contract prices for 16-gigabit 2Gx8 MLC, one of the main NAND flash memory chip products, soared to US$5.18 in October from US$2.31 in early 2009.

(Yonhap) rw

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