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

CTOnews.com March 16 news, TrendForce Jibang Consulting released a report today that the NAND Flash market has been facing demand headwinds since the second half of 2022, and the supply chain has actively eliminated inventory to deal with it. This situation caused the price of NAND Flash contracts to fall by 20% NAND Flash 25% in the fourth quarter, of which Enterprise SSD was the product with the sharpest decline, with a decline of about 23% and 28%.

The report pointed out that while the original factory actively reduced the price and asked for quantity, customers had a negative attitude towards stock in order to avoid a further increase in spare parts inventory, resulting in a month-on-month increase of NAND Flash shipments of only 5.3% in the fourth quarter of the fourth quarter of 2022. Average sales unit price decreased by 22.8% month-on-month, revenue of the NAND Flash industry fell 25.0% to $10.29 billion in the fourth quarter of 2022 (CTOnews.com Note: currently about 71.001 billion yuan).

TrendForce Jibang Consulting said that in the first quarter of 2023, the production lines of Mailxia and Meguiar continued to be under low load. Western Digital and SK Hynix will follow suit to reduce production, which will have the opportunity to alleviate the current oversupply situation, and the average price decline of NAND Flash has also slowed to 10%. 15%.

In addition, the report said that even if the production cut helps to rein in the price decline, due to the traditional off-season in the first quarter and the lack of customer purchasing power, the growth of overall NAND Flash product orders is limited, and NAND Flash industry revenue is still expected to decline 8.1% in the first quarter compared with the previous quarter.

▲ Source: TrendForce Cluster Consulting

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