Trending

Stories

Samsung Electronics leads Global SSD Enterprise in Q2 22 Ranking: TrendForce

Must Read

Yusuf Balogun
Yusuf Balogunhttps://mssg.me/q19uh
Yusuf is a fresh law graduate and freelance journalist with a special interest in tech reporting. He joined the tech sphere in 2019 and has written several articles. He believes in tech innovations as an aspiring health law expert, in the future, Yusuf hopes to use the same for solving global health challenges.

In a report released today by the global leader in providing in-depth market research intelligence, TrendForce has revealed that the world Solid State Drive, SSD Enterprise revenue has increased by 31% in the second quarter of the year, with Samsung Electronics leading the market.

SSD Enterprise Q222 Results

TrendForce shows in its latest report of the revenue ranking of global enterprise SSD brand manufacturers that with the growth in server shipments and rising prices, the overall revenue of the enterprise SSD market in the second quarter of 2022 increased by 31.3%, reaching US$7.32 billion, equivalent to $7.32 billion.

Also Read

Samsung’s enterprise SSD

In particular, Samsung’s SSD enterprise sales in the second quarter of this year reached 3.26 billion US dollars, equivalent to roughly 22.3 billion yuan, thanks to the recovery of enterprise SSD purchases. When orders for other consumer products kept falling in the second quarter, TrendForce noted that the enterprise SSD market had grown to be crucial for the company to reduce production capacity.

However, it should be emphasized that the rivalry between China’s localization policy and the introduction of high-level SSDs by other manufacturers would undoubtedly put pressure on Samsung’s enterprise SSD market share in that country.

Others SSD Enterprises

The second episode of SSD enterprise turnover, which was followed by SK Group, climbed by 32.1% to reach 1.79 billion US dollars or around 12.26 billion yuan. According to TrendForce, SK Group will have the chance to grow its market share in the future and take the lead in closing the gap with top manufacturers as it prepares a variety of solutions at various price points to fulfill all storage demands of servers customers.

Meanwhile, among the top five are Micron (Micron), Western Digital (WDC), and Kioxia (Kioxia); their respective second-quarter revenues were $800 million, $770 million, and $710 million. Thus, stay connected with TechGenyz as we bring you the latest updates in the tech world.

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Related

- Advertisement -
- Advertisement -
Sony Unveils Project Q: A Next-Gen Handheld Game Console Snapchat Hits 200M+ Users in India, Introduces AI Chatbot Super Mario Bros. Movie: 6.4 Million Tickets Sold in Japan Samsung Galaxy A14 Launches in India with Impressive Features BGMI Returns: Battlegrounds Mobile India Now on Play Store Twitter Accuses Microsoft of Data Use Policy Violation GIFs take over Instagram comments, unleashing creative expressions! The First US State to Ban TikTok: Montana’s Bold Move Adobe Unveils New Product Line for Digital Marketing Advancements iPhone 15: Early Production and Design Changes for Improved Availability
Sony Unveils Project Q: A Next-Gen Handheld Game Console Snapchat Hits 200M+ Users in India, Introduces AI Chatbot Super Mario Bros. Movie: 6.4 Million Tickets Sold in Japan Samsung Galaxy A14 Launches in India with Impressive Features BGMI Returns: Battlegrounds Mobile India Now on Play Store Twitter Accuses Microsoft of Data Use Policy Violation GIFs take over Instagram comments, unleashing creative expressions! The First US State to Ban TikTok: Montana’s Bold Move