Han Media: Double in One Year, China's Memory Market Share is About to Exceed 10% Globally!

On July 12, the South Korean media outlet "Seoul Economic Daily" published an article stating that China's memory market share is about to reach 10%. Under the U.S. tightening control over advanced semiconductor technologies, China has doubled its market share within a year, thanks to a solid domestic market and technological self-reliance.

According to data recently released by the market research institution Trendforce, it is expected that the shipment share of Chinese products in the memory market (including DRAM and NAND) in the third quarter of this year will reach 10.1%. This is the first time that the Chinese industry's market share has exceeded 10%.

The market share of China's memory industry reached 5.4% in the second quarter of last year, breaking through the 5% threshold for the first time, and then nearly doubled within a year. In other words, although the United States has increased sanctions on Chinese semiconductor technologies and equipment, it has failed to stop the rise of China's semiconductor industry. Kim Yang-pyung, a researcher at the Korea Institute for Industrial Economy, analyzed: "China has offset the impact of sanctions by leveraging government support and the domestic market, thereby increasing its market share."

Original article: https://www.toutiao.com/article/1837430383280212/

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