Market Share of Asia Pacific Flash Memory Industry
The Asia Pacific Flash Memory market, is semi-consolidated, with major vendors such as Samsung Group, Toshiba International Corporation, and SK Hynix Semiconductor, Inc dominating the market. High entry barriers make it difficult for new players to enter the market. Existing vendors are investing heavily in researching and developing new and innovative products.
In January 2023, U.S.-based Western Digital announced the resumption of talks with Japan's Kioxia Holdings to finalize a deal that could unite two technology storage providers. While the structure of a potential deal remains fluid, the parties have been discussing merging into one publicly traded company to make a joint venture that produces flash chips.
In August 2022, Samsung Electronics unveiled an array of next-generation memory and storage technologies during Flash Memory Summit 2022, in a keynote titled "Memory Innovations Navigating the Big Data Era." Samsung spotlighted four areas of technological advancement driving the big data market, which includes data movement, data storage, data processing and data management and showcased how its leading-edge memory solutions addressing each field.
In July 2022, Sahasra Semiconductors Pvt Ltd from Rajasthan, India, announced moving from importer and distributor of memory chips to manufacturing its own branded NAND flash devices. The company is spending about 7.5 billion rupees (about USD 94 million) on setting up an assembly, test, marking, and packaging (ATMP) unit at Bhiwadi that will take in wafers and produce chips.
Asia Pacific Flash Memory Market Leaders
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Samsung Group
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Toshiba International Corporation
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Micron Technology, Inc.
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Infineon Technologies AG
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Yangtze Memory Technologies Co., Ltd
*Disclaimer: Major Players sorted in no particular order
