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

Thanks to CTOnews.com netizen Alejandro86 for the clue delivery! CTOnews.com, November 2, according to a report in Taiwan's Economic Daily today, memory chip giant Samsung plans to increase the price of NAND Flash, which is expected to increase by 20% quarter by quarter in the first two quarters of next year.

The news was revealed by a number of sources in South Korea's semiconductor industry. Samsung is said to have decided to increase its NAND price by 20% in the first and second quarters of next year after raising its offer by 10-20% this quarter, a series of actions aimed at stabilizing NAND prices and achieving the goal of reversing the market in the first half of next year.

Reported that Samsung Executive Vice President Kim Jae-Jun announced at the earnings meeting on October 31 local time that the company's next production cuts will be larger than the current DRAM output reduction. At present, while Samsung is actively raising its offer, it also controls the market supply through continuous production cuts.

CTOnews.com previously reported that according to the data released by TrendForce Jibang Consulting in September, the market demand for NAND Flash remained sluggish in the second quarter, and the supply glut continued, causing the average sales unit price (ASP) of NAND Flash to fall by 1015% in the second quarter. Since the second quarter of this year, Samsung has joined the ranks of production cuts and expanded production cuts in the third quarter. While supply is converging, prices are also brewing, and the oversupply situation is expected to be improved.

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