The global DRAM module and components market was valued at USD 94.9 billion in 2021 and is expected to reach USD 110.7 billion by 2027, at a CAGR of 1.2% during the forecast period from 2022 to 2027. The key factors driving the growth of the DRAM module and components market include emergence of 5G technology, growth in demand for DRAM module and components in automotive sector, growth in adoption of high-end smartphones, and others.

Government initiatives to support in-house semiconductor production and increasing adoption of Internet of Things devices are creating opportunities for the DRAM module and components market. Some of the key companies operating in DRAM module and components market are Samsung Electronics Co., Ltd. (South Korea), SK Hynix Inc. (South Korea), Micron Technology, Inc. (US), Nanya Technology Corporation (Taiwan), Winbond Electronics Corporation (Taiwan), Powerchip Technology Corporation (Taiwan), ADATA Technology Co. Ltd. (Taiwan), Ramaxel Technology (Shenzhen) Co, Ltd (China), Kingston Technology Corporation (US), SMART Modular Technologies (US), and so on.

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Samsung Electronics Co., Ltd. is a leading developer and manufacturer of electronic devices and computer peripherals. It manufactures and develops infotainment systems, telematics, audio and visual products, etc. The company is a subsidiary of South Korea-based Samsung Group, which has a wide range of businesses. It operates through four business divisions: Consumer Electronics (CE), Information Technology & Mobile Communications (IM), Device Solutions (DS), and Harman. The Consumer Electronics segment offers visual display products, digital appliances, health and medical equipment, air conditioners, etc. The Information Technology & Mobile Communications segment offers smartphones, tablets, and wearables. The Device Solutions segment provides dynamic random-access memory (DRAM) and NAND (NOT-AND) products, mobile application processors, camera sensor chips, etc. Through the Harman division, the company offers connected car systems, audio and visual products, professional solutions, as well as connected services.

Samsung operates through manufacturing subsidiaries, sales subsidiaries, design centers, and R&D centers. Some of its major subsidiaries are Samsung Display (South Korea), Samsung Electronics America Inc. (US), Samsung Electronics Service (South Korea), Harman International (US), Samsung Display Co., Ltd. (South Korea), AKG (Austria), SmartThings (US), Samsung Electronics Canada Inc. (Canada), Samsung Electronics France (France), Samsung Electronics Philippines Corporation (Philippines), Shandong Samsung Telecommunication Co., Ltd. (China), and so on. The company’s resolute memory business unit extensively works to develop various DRAM and NAND products with higher densities.

SK Hynix Inc. manufactures and sells semiconductor memory devices for mobile devices, servers, and storage solutions. Initially, it was known as Hyundai Electronics, which operated under the laws of the Republic of Korea. SK Hynix offers consumer memory, graphics memory, mobile memory, NAND Flash, CMOS image sensor, and EOL products. It is also a major producer of DRAM and NAND flash solutions and complementary metal-oxide-semiconductor (CMOS) image sensors.

The company’s operations have been divided into three regions, namely, the Americas, Europe, and APAC. It is one of the major companies in the semiconductor memory market and one of the major shareholders in the volatile memory market. It provides DRAM for PCs and laptops, server DRAM for servers in data centers, mobile DRAM for portable devices, graphic DRAM for processing massive graphic data, and consumer DRAM for various digital devices. These products can be interfaced with DDR, DDR2, and DDR3.

Micron Technology, Inc. is one of the world’s leading manufacturers of semiconductor solutions. It manufactures and markets a range of dynamic random-access memory (DRAM), NAND Flash, and NOR Flash memory, as well as other memory technologies, packaging solutions, and semiconductor systems that are used in computing, consumer goods, networking, automotive, industrial, and embedded and mobile products. The company operates through five business segments, namely, Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), Embedded Business Unit (EBU), and All Other.

The company offers DRAM, NAND, and NOR Flash memory products across computing, networking, and server applications. Its NAND Flash products are sold to Intel Corporation (US) through its IM Flash Technologies, LLC (IMFT) joint venture. The company operates primarily in three regions, namely, the Americas, Europe, and APAC, with its own manufacturing facilities located in Taiwan, Singapore, Japan, the US, Malaysia, and China. Some of the key competitors of SK Hynix in the semiconductor memory and storage markets are Intel; Kioxia Holdings Corporation (formerly Toshiba Memory Corporation); Samsung Electronics Co., Ltd.; SK Hynix Inc.; and Western Digital Corporation.