Micron Technology(US:MU) 半导体行业观察·2025-11-20 01:28Core Viewpoint - Samsung Electronics is significantly expanding its next-generation DRAM production capacity, aiming to enhance its market position in anticipation of increased demand driven by AI technologies [2][3]. Group 1: Expansion Plans - Samsung plans to increase its monthly production capacity of 10nm sixth-generation DRAM (1c DRAM) to 200,000 wafers by the end of next year, starting with 60,000 wafers in Q4 of this year and adding 80,000 wafers in Q2 next year, followed by another 60,000 wafers in Q4 [2]. - The 1c DRAM, which features a line width of less than 11nm and utilizes multi-layer EUV processes, is expected to account for about one-third of Samsung's total DRAM monthly production capacity of 650,000 to 700,000 wafers [2]. Group 2: Market Dynamics - The demand for DRAM has surged due to AI, leading to shortages not only in HBM but also in general DRAM products, with instances of pre-orders for unproduced goods [3]. - Samsung's decision to invest heavily in 1c DRAM production is aimed at securing competitive pricing power in the upcoming DRAM cycle [3]. Group 3: Market Performance - In Q3, Samsung regained its position as the world's largest DRAM seller, with sales reaching $13.942 billion, a 29.6% increase from the previous quarter, resulting in a market share of 34.8% [4]. - SK Hynix followed closely with sales of $13.79 billion and a market share of 34.4%, indicating a competitive landscape between the two companies [5]. - The overall DRAM market saw total sales of $40.037 billion in Q3, marking a 24.7% increase from the previous quarter and a 54% increase year-over-year [6]. Group 4: NAND Flash Market - Samsung also maintained its leading position in the NAND flash market with sales of $5.366 billion, achieving a market share of 29.1% [6]. - The NAND flash market is expected to continue its growth momentum into Q4, driven by ongoing supply shortages across various applications [6].