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South Korea's DRAM exports in August fell by 24.7% year-on-year and 7% month-on-month Huacheng

2022-09-23

Huacheng Import and Export Data Observation reported that according to the news previously announced by the Korean Ministry of Trade, Industry and Energy, due to the slowdown in the global economy, the decrease in demand and the decline in prices, according to import and export data, South Korea's semiconductor exports fell to 107.8% in August. billion, down 7.8% year-on-year.


Among the semiconductor products exported by South Korea, memory chips account for a considerable proportion, and the decline in the export value of semiconductor products means that the export value of memory chips has declined to a large extent.


According to the latest import and export data reports from the relevant media, DRAM, which accounts for nearly half of South Korea's memory chip exports, fell significantly in August, down 24.7% year-on-year and 7% month-on-month.


South Korea's massive export of memory chips is due to two major manufacturers, Samsung Electronics and SK Hynix, whose share of the global memory chip market is close to two-thirds. In terms of DRAM, the share of these two companies is also about two-thirds.


According to the import and export data previously released by the research institute, in the first quarter of this year, Samsung Electronics' share in the global DRAM market was as high as 42.7%. Although SK Hynix's share declined month-on-month, it still remained at 27.1%. The shares of the two companies were close to each other. 70%.


According to Watson & Band Import and Export Data Observation report, South Korea's DRAM export volume declined in August, which means that the export volume of DRAM products from Samsung Electronics and SK Hynix, two major manufacturers, will decline, which will also affect their revenue.


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