Shulou(Shulou.com)11/24 Report--

CTOnews.com Sept. 20 news, due to the shrinking market of consumer electronics such as mobile phones and tablets, the DRAM market has been in oversupply since the second half of this year. Although upstream manufacturers are already controlling production and delaying production expansion plans, they have been cutting prices in recent months in order to further accelerate destocking.

According to CTOnews.com, the average contract price of 8Gb DDR4 DRAM chips for personal computers fell 14.03% from $3.35 to $2.88 in July, the highest since February 2019 and below $3 for the first time since 2020, according to data from Jibang Consulting, a market research firm. According to a survey conducted by foreign media, the spot price of DRAM has fallen 18 per cent since it began to decline on June 10 and 20 per cent compared with the price at the beginning of this year.

According to a report by Taiwan's Industrial and Commercial Times today, after price reduction, the destocking of the DRAM market has begun to bear fruit. According to industry insiders, it is expected that the fourth quarter of this year will effectively reduce the inventory pressure of ODM / OEM plants, and destocking will have the opportunity to be completed ahead of schedule to the first quarter of next year.

CTOnews.com has learned that Ji Bang Consulting has said demand for DRAM could grow by 8.3 per cent next year, the weakest single-digit growth ever, and supply is expected to grow by 14.1 per cent. Bit growth refers to the amount of memory produced and is a key barometer of global market demand.

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