In September NAND memory exports from South Korea rose for

In September, NAND memory exports from South Korea rose for the first time since the beginning of the year.

September was a turning point for the flash memory market as export volumes of NAND chips from South Korea rose 5.6% year-on-year for the first time since the beginning of the year, while they fell in the previous months of this year. The country is home to two of the world’s largest memory manufacturers, so the recovery raises hopes that the entire industry is bottoming out.

    Image source: Samsung Electronics

Image source: Samsung Electronics

This is confirmed by a report from the South Korean Ministry of Commerce, as explained Bloomberg. At the end of August, exports of NAND chips from this country fell by 8.9% year-on-year, so we can expect a turnaround based on September growth. At the same time, DRAM shipments from South Korea fell 24.6% in September compared to the same month last year, but this was still smaller than the 35.2% decline in August.

Geographically, shipments of semiconductor products from South Korea in September increased the most to Europe (56.5%), while the US and China saw fewer semiconductor product shipments than last year, up 30.5% and 22.7%, respectively. . Samsung Electronics and SK Hynix produce a significant portion of their products in China. Therefore, the recent benefits in the supply of equipment to local companies allow them to count on stable work in the face of the tightening of US sanctions against China.