Samsung narrows gap with SK hynix in HBM market in Q2

Samsung Electronics has managed to narrow the gap with market leader SK hynix in the global high bandwidth memory (HBM) chip market during the second quarter, according to industry data from Counterpoint Research. SK hynix retained its top position, but its market share fell from 58% in the preceding quarter to 50% in Q2 2023. In comparison, Samsung's share of the market rose significantly from 21% in Q1 to 33% in Q2.

Micron Technology, the third-largest player, saw a minor decline in its market share, dropping from 21% to 18%. HBM3E, the fifth-generation product, currently dominates HBM revenue, while shipments of the upcoming sixth-generation HBM4 are anticipated to increase in the second half of the year. Counterpoint Research predicts that Samsung's market share will continue to climb as the company escalates production of its HBM4 products.

HBM is a crucial component for artificial intelligence (AI) applications, with demand surging as the memory chip dramatically enhances data-processing speeds in data centers.