Seoul, Dec 7 (NationPress) Samsung Electronics is on the verge of regaining its position as the leader in the global market for dynamic random-access memory (DRAM) revenues in the fourth quarter, surpassing its domestic competitor SK hynix Inc, as reported by industry insiders.

The South Korean tech powerhouse is anticipated to achieve an operating profit exceeding 18 trillion won (approximately $12.2 billion) during the October-December timeframe, significantly exceeding market forecasts, according to the sources cited by the Yonhap news agency.

Samsung's device solutions division, which manages the semiconductor sector, is expected to contribute 15.1 trillion won to the overall operating profit, marking a remarkable increase of 422 percent from the same period last year.

With this impressive earnings forecast, Samsung is likely to secure the top position in the global DRAM supplier revenue rankings for Q4, relegating SK hynix to second place.

Having held the leading position in the DRAM market for 33 years, Samsung lost its lead to SK hynix in the first quarter due to its slower progress in high bandwidth memory (HBM) chips.

SK hynix pioneered the development of HBM chips, essential for artificial intelligence (AI) applications, in 2013 and has since dominated the global HBM market.

Industry experts suggest that Samsung's recent strides to close the technology gap with SK hynix in HBM, coupled with rising prices of conventional DRAM products fueled by investments in AI infrastructure like data centers, have positively impacted its performance.

According to market research firm DRAMeXchange, the average price of 8-gigabit DDR4 for computers surged 15.7 percent month-on-month to $8.1 in November. Prices have skyrocketed sixfold since March, when they were just $1.35, and are projected to increase by as much as 50 percent in Q4 compared to the previous three months, as per the report.