Home News Samsung Electronics intends to launch high-end memory chip leasing services

Samsung Electronics intends to launch high-end memory chip leasing services

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According “Korea Economic News” reported that Samsung Electronics is considering the launch of a new business model — high-end memory chip leasing services, seeking to ensure stable sales and revenue streams when prices turn volatile.

Samsung Electronics recently finalized “memory as a service” (memory as a service, MaaS) as a new business, and is developing an implementation plan, sources said. Samsung Electronics plans to lend memory semiconductors for high-performance computing to cloud services companies such as Google, and charge a rental fee. Samsung Electronics hopes the new business will account for at least 10 percent of its overall revenue from dynamic random access memory (DRAM) sales, sources said.

As previously reported by DIGITIMES, sources at IC distributors and test equipment suppliers revealed that Samsung Electronics is expected to start significantly reducing memory chip prices next year to further increase its share of the global memory chip market, although uncertainties on the demand side remain.

Data show that as of the second quarter of this year, Samsung Electronics accounted for 43.5% of the DRAM chip market share, followed by South Korea’s SK Hynix with a 27.4% share, the U.S. Micron Technology Inc. accounted for about 24.5%.

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