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Samsung Electronics to launch high-end memory chip rental service

Samsung Electronics to launch high-end memory chip rental service

Source:our siteTime:2023-01-02Views:

Samsung Electronics is considering a new business model - a high-end memory chip leasing service that seeks to ensure stable sales and revenue streams even when prices turn volatile.

January 2, according to "Korea Economic News" reported that Samsung Electronics is considering the launch of a new business model -- high-end memory chip rental services, seeking to ensure stable sales and revenue streams even when prices turn volatile.

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Samsung Electronics has recently finalised "memory as a service" (memory as a service, MaaS) as a new business and is working on an implementation plan, the 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, the sources said.


As previously reported by DIGITIMES, sources at IC distributors and test equipment suppliers have 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 and Micron Technology Inc. with about 24.5%.

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