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Flash market topped $7.7 billion in 2002, Semico says








Silicon Strategies


SCOTTSDALE, Arizona — The flash memory market was worth about $7.77 billion in 2002 according to market research firm Semico Research Corp.

Semico partitions flash memory sales into a NAND-flash market valued at $2.25 billion in 2002 and a NOR-flash market valued at $5.58 billion in 2002. In 2002 the NAND-flash market was led by Samsung, with $1 billion of sales, followed by Toshiba, SanDisk and Hitachi in that order, according to Semico.

Although the total value was roughly in agreement with the $7.89 billion estimate issued by iSuppli Corp. (see March 11 story) the two research organizations have widely differing estimates of some company's revenue and ranking.

The 2002 NOR-flash market was dominated by Intel, Semico said, with the chip giant scoring almost three times as much sales revenue as second-placed Advanced Micro Devices Inc.

However some of the differences between Semico and iSuppli were large. Semico attributed $671 million of flash sales to Sharp in 2002 whereas iSuppli considered that Sharp had sold $420 million of flash chips. Similarly Semico gave Toshiba's flash sales as $668 million whereas iSuppli's most recent rankings assign $842 million of flash memory sales to Toshiba.

Whereas SanDisk is ranked at number nine in the world in 2002 with flash memory sales of $324 million by Semico, the company does not appear in iSuppli's top sixteen ranking, and the "others" category in which SanDisk would presumably fall is only credited with $25 million of sales in 2002.

Top ten flash memory suppliers in 2002

2002 rank Company 2002 sales % of market
1 Intel $2,060 million 26.5%
2 Samsung $1,000 million 12.9%
3 AMD $710 million 9.1%
4 Sharp $671 million 8.6%
5 Toshiba $668 million 8.6%
6 STMicro $584 million 8.0%
7 Fujitsu $524 million 6.7%
8 Mistubishi $353 million 4.5%
9 San Disk $324 million 4.2%
10 Hitachi $258 million 3.3%
-- Other suppliers $615 million 0.1%
-- TOTAL $7,767 million 100.0%
Source: Semico, March 12, 2003











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