Samsung Sees Sharp Ramp Up of Advanced HBM Sales This Year

Samsung Electronics Co. plans to start mass production of its fifth-generation high-bandwidth memory chips this year and quickly ramp up their contribution to sales.

South Korea’s biggest company expects its most advanced HBM3e variety will go from contributing just over 10% of total HBM sales this quarter to 60% in the final quarter of the year, executives said after reporting better-than-expected profit on Wednesday morning. The company will be supplying several customers, but is contractually bound to not disclose names, Kim Jaejune, head of Samsung’s memory sales and marketing, said during a conference call.