In the second quarter of 2020, South Korean memory chip makers Samsung Electronics and SK Hynix saw a surge in demand for their products, according to DigiTimes Research. In relation to the reporting period of the last year, both companies increased chip production in the second quarter of this year by 22,1%, and in relation to the first quarter of 2020 - by 13,9%.
In the second quarter of 2020, South Korean tech giants Samsung Electronics and SK Hynix generated about $20,8 billion in combined memory revenue, according to DigiTimes Research. the local industry as a whole.
Analysts note that during the reporting period, the demand for memory chips from smartphone manufacturers decreased against the backdrop of the ongoing COVID-19 pandemic, but strongly increased from laptop manufacturers, as well as server equipment. However, Samsung and SK Hynix are cautious about capital investments in memory production this year due to demand uncertainty associated with the ongoing pandemic.
Demand for memory chips will also be strong in the third quarter, according to DigiTimes Research, thanks to a recovery in demand for 5G smartphones, as well as the emergence of next-generation game consoles.
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Source: 3dnews.ru