On Tuesday, released data revealed that Samsung Electronics outperformed SK Hynix in the third quarter, reclaiming its position as the leader in the global memory chip market. As per the data from industry analyst Counterpoint Research, Samsung's combined sales of dynamic random - access memory (DRAM) and NAND flash memory during this quarter soared to US$19.4 billion, marking a sequential increase of 25%. In contrast, SK Hynix's sales for the same period stood at US$17.5 billion, representing a 13% year - on - year growth.

Counterpoint Research's analysis highlighted that Samsung Electronics' impressive performance growth was propelled by the robust demand for DRAM and NAND flash memory. The agency further projected that with the introduction of new - generation high - bandwidth memory (HBM), Samsung Electronics is poised for a complete recovery next year. Moreover, it is anticipated that the company will maintain its leading position in the global memory chip market in the fourth quarter of this year.