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The main reason for the poor sales of solid state drives in South Korea is a slowdown in the growth of SSD demand

Published :11/27/2019 6:59:30 AM

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The latest news comes from the semiconductor industry. Flash memory has always been the "backbone" product of South Korea's semiconductor industry, but a survey shows solid state drive shipments in South Korea this year are not optimistic.

South Korea's exports of solid-state drives (SSDS) almost halved in the first nine months of this year compared with the same period last year, driven by weak demand for data centres, according to a survey.

Yonhap news agency reported that according to the Korea Electronics Association;In the january-september period, SSD exports by south Korean companies were $3.1 billion, down 46.9% from the same period last year, according to KEA.SSDS are flash storage devices for computers that have the advantage of being faster to read and write than traditional hard disks (HDDS) and relatively small in size

South Korea's SSD exports fell much more than the 35.9 percent decline in memory chips, the report said.Sales of storage devices by south Korean manufacturers have been sluggish this year, mainly because of a slowdown in server SSD demand growth, KEA said.

Semiconductor market research firm IC Insights published on November 18, according to the latest report as the memory chip market is sluggish, South Korea technology giants Samsung chip sales estimated by nearly thirty percent this year, the Samsung back-to-back titles, two years, the world's largest semiconductor suppliers will be ceded to the United States leading Intel (Intel) chip.

Samsung relies heavily on storage devices such as DRAM and NAND Flash for its semiconductor sales.South Korea's semiconductor exports totalled $78.965 billion in the january-october period, down 26.3 percent from $107.170 billion in the same period last year, as DRAM and NAND Flash memory prices continued to fall.

South Korea's Samsung Electronics is the world's largest manufacturer of SSDS, with a 30.6% market share in the second quarter of 2019, followed by Intel with 17.4% and Western Digital with 11.2 percent, according to IHS Markit.