South Korea's Samsung is involved in many industries and tries to have a relatively flexible portfolio that allows the company to do business without restrictions. It is no different for DRAM memory, in which case the technological giant saw a smaller decrease in market shares by roughly 0.6% to a still dizzying 43.5%, in terms of income the company certainly cannot complain. They actually jumped by a record 13.8% compared to the previous quarter, which does not mean that they met analysts' expectations. They expected an increase of roughly 20%, but the confidence of investors and shareholders was somewhat disturbed by the coronavirus pandemic. Nevertheless, Samsung can enjoy an increase in sales of 7.4 billion, which is always pleasing.
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Either way, the South Korean company still holds the top spot in terms of market share. No less successful followers are SK Hynix and Micron Technology, in whose case the operating profit also increased, despite adverse conditions. The companies and manufacturers were then saved from the slowdown in production mainly by foresight and the effort to stock DRAM memories, thanks to which they covered the demand and at the same time could continue their business without incident. According to the analysts, the problem should arise especially in the third quarter, when production will slow down again due to the massive supply and the profitability of individual sectors will be lower than before. Thanks to this, the price of chips and above all the demand for them will decrease rapidly, which could also affect prices.
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