New Delhi, July 11 (IANS): The global smartphone memory market clocked a total revenue of $11.5 billion in the first quarter this year, according to a new report.

Samsung managed the top spot in the smartphone memory market (DRAM and NAND), followed by SK Hynix and Micron in Q1.

The combined revenue share of the top 3 vendors reached 85 per cent in the global smartphone memory market in the quarter, reports Strategy Analytics.

"The smartphone memory market experienced a modest decline annually owing to the seasonal slowdown in the end-market combined with the pandemic-induced disruption in customer supply chains in Q1 2022," said Jeffrey Mathews, senior analyst.

However, 5G momentum drove the shipment of memory products with higher specifications, leading to an increase in NAND and DRAM content in mid and high-tier smartphones, he added.

The overall NAND flash market revenue for smartphones witnessed a revenue growth of 7 per cent year-over-year.

Samsung managed a revenue share of 39 per cent, followed by SK Hynix and Kioxia.

In terms of specifications, 128GB NAND capacity share has now reached 45 per cent, the report said.

The smartphone DRAM memory chip segment revenues suffered a decline of 7 per cent as OEM demand weakened due to seasonality and disruption in the customer supply chain.

Samsung again led in terms of market share, capturing a revenue share of 52 per cent, followed by SK Hynix and Micron in this segment.

"We note the weak end-market demand and challenging macroeconomic climate would impact the growth prospects of the smartphone memory market in 2022," said Stephen Entwistle, Vice President of the Strategic Technologies Practice.