South Korean tech giant Samsung Electronics Co. dominated the global solid state drive market last year on the back of the increased adoption in personal computers, data showed Tuesday.
Samsung Electronics saw its share in the global SSD for personal computer market reach 54 percent in 2015, far outstripping U.S. rival Intel Corp.'s 9 percent, according to the data compiled by industry tracker IHS.
An SSD is a data storage device made with a NAND flash memory chip that saves data without requiring power and is more durable and faster than a hard disk drive.
SSD adoption for personal computers is expected to hit 40 percent by the year's end as the price differences between the SSD and the HDD continue to narrow.
Between 28 and 29 percent of personal notebooks shipped in the first quarter of this year featured SSDs, the data compiled by industry tracker TrendForce showed.
The market price of 128GB SSDs will soon be cheaper than 500GB HDDs and the price between 256GB SSDs and 1TB HDDs will shrink to less than $5, TrendForce said. (Yonhap)
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