NAND flash An unexpected decline may occur in storage hardware such as SSD and flash memory based on technology. It was stated that after the market volume has grown in the last two years, demand will decrease throughout 2024. So how will this affect hardware prices?
Demand will decrease in the NAND flash storage market
According to a new report published by TrendForce, NAND flash memory The market faces great uncertainty. Since demand growth is expected to slow down in the second half of this year, it seems likely that companies will reduce production and lower their profit expectations.
Many suppliers who saw price increases in the first quarter want to increase profitability throughout the year. In this context, production increased significantly in the first months of the year. South Korean manufacturers Kioxia And Western Digitaltook the lead in this regard by increasing its capacity utilization rates to nearly 90 percent.
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However, TrendForce thinks that after the growth in the first quarter, stock levels at PC and smartphone manufacturers have become sufficient. With the decrease in stocks of manufacturers such as Kioxia and WD, orders may not meet expectations if the increase in demand does not continue.
The report now predicted that the rate of price increase will decrease and fall to 10-15 percent in the second quarter. Even There may be no price increase in the third quarter. This slowdown will be due to reduced demand for NAND flash technology.
Kioxia wants to expand its production capacity to 218 layers in 2025. This will allow the company to introduce even more advanced 300-layer manufacturing and strengthen its position in the NAND flash technology market.