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Samsung takes nearly half of smartphone memory market in Q1

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Samsung takes nearly half of smartphone memory market in Q1.

Samsung Electronics accounted for nearly half of the global smartphone memory market in the first quarter of the year, a report showed on Thursday, as it tries to boost its presence in 5G devices.

The South Korean tech giant, the world’s top memory chip producer, dominated the market with a 49 percent share in the January-March period, according to a report from industry tracker Strategy Analytics.

Samsung was followed by its South Korean compatriot SK hynix with a 23 percent share and US chipmaker Micron Technology with a 14 percent share. The global smartphone memory market logged a total revenue of $11.4 billion in the first quarter, up from $9.4 billion a year ago,…

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