© daimy dreamstime.com Analysis | November 12, 2013
Branded NAND Flash makers’ revenue rises by 8.8% in 3Q13
According to DRAMeXchange, the NAND Flash manufacturers' Q3 revenues have remained on a steady uptrend despite the absence of any obvious upward pricing movements in the third quarter.
This is mainly attributable to the limited growth in the NAND Flash vendors' output as well as the steady rise of smartphone and tablet products, a trend which enabled eMMC and Client SSD contract prices to remain relatively unchanged from Q2. The Q3 revenues of the branded NAND Flash manufacturers, all in all, amount to US$ 6.281 billion, an 8.8% increase compared the previous quarter and a growth of 35% from 3Q12. Looking specifically at the branded NAND Flash manufacturers' rankings, Samsung's revenues have reached US$ 2.413 billion in Q3, which gives it 38.4% of the market and allows it to remain in first place; Toshiba is second on the list with a revenue of approximately US$ 1.812 billion and 28.9% of the market; SK Hynix is third with a revenue of $US 883 million and 14.1% market share; Micron's revenues arrived at approximately US$ 697 million; Intel is at fifth place with a revenue of US$ 475 million and 7.6% market share. Samsung Thanks to the impressive shipment performances of its Mobile NAND, PC-based SSDs and enterprise-based SSDs, Samsung's NAND Flash revenues were able to grow by an estimated 10.5% QoQ. With the numbers of 3-Bit MLC product applications growing and the successful production of 19-nm class products contributing to a proportional increase in their output in Q3, both the server and cloud based enterprise SSDs will likely become the new focus for the Korean company. In Q3, Samsung's NAND Flash shipments have increased by 10-13% compared to Q2, whereas its ASP fell from the previous quarter given the rising proportion of its high density and 3-Bit MLC products. Following the steady 10.5% QoQ growth in its Q3 revenues (which reached US$ 2.41 billion) Samsung's market share rose slightly to 38.4%. Other than focusing on system products such as eMMC, eMCP, and SSD, Samsung is expected to continue accelerating its V-NAND development. Toshiba Toshiba's Q3 NAND Flash revenue rose by 9.2% QoQ and reached US$ 1.812 billion. The growth is mostly due to the increase in the demands for system products from major strategic clients and the increasing proportion of system products sold. Due to the increased revenues, Toshiba has adjusted this year's memory product sales target from 590 billion yen to 800 billion yen. In addition to hastening the development of the 19nm manufacturing process, Toshiba will be looking to increase its enterprise SSD market share in Q4. SK Hynix According to its recent earnings report, SK Hynix's Q3 NAND Flash revenues grew by 5.1% QoQ and reached US$ 883 million, which gives it approximately 14.1% of the market and puts it in third place. The Korean company's Q3 ASP has slid by 6% from the previous quarter as the proportion of the large density system product sales increased from the second to third quarters. Following the Wuxi plant's fire accident, SK Hynix has begun to allocate portions of its NAND Flash capacity to DRAM, a decision which resulted in a lower than expected bit shipment growth (11%). For Q4, the Korean company's bit shipment is expected to shrink by an estimated 10-15% QoQ. Micron Micron's Q3 NAND Flash revenue has grown by 2.8% QoQ, and reached US$ 697 million. The strong SSD shipments has enabled the company's bit shipment to jump by an estimated 13% compared to the previous quarter, while the heightened proportion of its 20nm class products led to a 10% reduction in its bit cost. Given that the extent to which Micron's ASP can drop is limited, the company is generally able to earn noticeably higher profit margins from its NAND Flash products. Micron is currently optimistic about its NAND Flash products' Q4 prospects, and is likely to show another double digit shipment growth in the upcoming periods. Intel Benefiting from the increased demands for enterprise SSDs, Intel's NAND Flash revenue for Q3 reached US$ 475 million, which represents a 15% increase from Q2 and a 20% increase from the same period a year ago. Although its revenue growth is currently the highest on the Q3 revenue rankings list, Micron's Q3 ASP remains relatively unchanged from Q2. The enterprise SSD demand is expected to continue rising in the fourth quarter as cloud computing becomes more and more popular. As Intel's 20nm SSD product proportion is expected to exceed 50% in Q4, TrendForce projects that the company's NAND Flash revenue momentum will continue to rise. Conclusion The continuous stability of the NAND Flash system product prices and demand from new product launch, the combination credits to that branded NAND Flash revenue reached US$ 6.28 billion --representing 8.8% and 35% growth compared to 2Q13 and 3Q12, respectively-- is indication that focusing on system products and stabilizing NAND Flash prices helps contribute to steady revenue growth. The gradually rising cloud computing demands and applications, it is worth noting, are also likely to help the industry experience further growth.
EUV photoresist company Inpria raises $31 million in funding Inpria, a pioneer in high-resolution metal oxide photoresists for extreme ultraviolet lithography (EUV), has secured USD 31 million in Series C funding from a broad syndicate including two of the biggest names within the semiconductor manufacturing space.
Semiconductor industry avoids direct impact of coronavirus The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or suspends production among electronics manufacturers, according to Omdia.
Plessey partners with Axus Technology Plessey, an embedded technologies developer, is partnering with Axus Technology (Axus), a provider of CMP, wafer thinning and wafer polishing surface-processing solutions for semiconductor applications, to bring high-performance GaN-on-Silicon monolithic microLED technology to the mass market.
GPV Electronics CN resumes production On 19 February 2020, the Chinese Central Government informed that all enterprises in the Guangdong province are now allowed to resume production.
Nano Dimension moves its main commercial activity to USA Nano Dimension announces that the company is establishing its headquarters for the Americas in South Florida.
Rockwell Automation inks deal for Italy’s ASEM Rockwell Automation Inc. has signed a purchase agreement to acquire digital automation technologies provider ASEM S.p.A.
IFR releases ‘Top Trends 2020 Robotics’ The International Federation of Robots (IFR) has forecasted an uptick of 2 million industrial factory robotic units in the next two years.
Paslin, Rivian fuel EV factory expansion The Paslin Company, a builder of robotic assembly lines for Tier 1 suppliers and OEM auto companies, is expanding in Warren, Michigan.
Nokia plans to acquire US-based company The Finnish telecom company is planning to acquire Elenion Technologies, a U.S.-based company focusing on silicon photonics technology.
neutec electronic to handle Asymtek and Dima in Switzerland Asymtek, a part of Nordson Electronics Solutions - announces that their distributor, neutec electronic AG, has expanded its representation of all Asymtek and DIMA products to the French-speaking areas of Switzerland.
BMZ subsidiary Poland reports successful business year 2019 BMZ Poland, the second largest production site of the BMZ Group, is expanding its production area and is reporting 10% sales growth and thereby reached record results for the business year 2019.
Scanfil CEO: ‘Our operations are making good progress’ The last quarter of 2019 was the strongest one for the EMS provider. Scanfil recorded a turnover of EUR 155 million, a growth of EUR 15 million or 10% year-over-year.
Prime Technological Services acquire ITS EMS provider Prime Technological Services LLC has acquired Georgia-based I Technical Services (ITS).
Florida’s Sypris snags BAE Systems contract Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc., has won a contract award from London-based BAE Systems’ Electronic Systems sector.
Into the future, San Diego style IPC APEX EXPO, the North American electronics manufacturing industry’s biggest gig, has left the teenage years behind with this year’s 20th anniversary show held Feb 3-8 in San Diego.
5 semiconductor companies hold 53% of global wafer capacity The world’s top-five wafer capacity leaders each had capacity of more than 1,000,000 wafer starts per month, says IC Insights.
Global DRAM revenue holds steady in 4Q19 The DRAM inventory finally returned to a relatively normal level for most OEMs in 4Q19 after nearly three consecutive quarters of adjustments, says the DRAMeXchange research division of TrendForce.
Mitsubishi Electric completes new satellite production facility Mitsubishi Electric has completed construction of a new facility for the production of satellites at the company’s Kamakura Works in Kamakura, Japan.
ISS-Broadband delivered by Kongsberg Kongsberg equipment is to enable broadband transmission for the International Space Station (ISS) to 'significantly improve communication between the ESA astronauts manning the station and earth.
Mycronic receives order for an SLX mask writer Swedish equipment provider, Mycronic AB, has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic.
A new production unit for mirror segments for ELT Safran's new production unit at the company's Saint-Benoît facility near Poitiers in central France will make the primary mirror segments for Europe's Extremely Large Telescope (ELT).
A more sustainable approach to semiconductor manufacturing Reuse; that is the key to driving environmental sustainability in global semiconductor manufacturing, says Steven Zhou, CEO of Moov Technologies.Load more news