It is reported that Samsung Electronics, SK Hynix and other companies' reduction in NAND flash memory production will 'force the industry to increase prices next year'

According to our news on August 23, NAND flash memory customer demand has been sluggish recently. This site has previously reported that Samsung Electronics had previously planned to stop some NAND flash memory production equipment at its P1 factory in Pyeongtaek, South Korea, and suspend the production of memory chips. Sixth generation V-NAND mature process quotation.

Previously, foreign media BusinessKorea reported that in the absence of significant improvement in market demand, Samsung Electronics and SK Hynix are facing considerable pressure, inventories are still at high levels, and they are considering continuing to reduce production in the second half of the year.

According to foreign media citing supply chain sources, the average price of DRAM chips will continue to decline in the third quarter of this year, with a month-on-month decline of 5%, exceeding the previously expected 3%.

Foreign media said that a person in the storage industry said that the chip manufacturer's memory chip inventory fell not as fast as he expected, and the overstock problem may continue into the first half of 2024. The current delivery price in the fourth quarter Worse than expected.

The current industry estimate is that "memory chip prices will rise early next year." However, foreign media said that if the price decline cannot be reversed as expected, related industry products will "not have time to increase prices." The point will inevitably be delayed".

It is reported that the inventory of Samsung Electronics’ equipment solutions department, which is responsible for the storage business, has increased to 33.69 trillion won at the end of the first half of the year (note on this site: currently about 183.61 billion yuan), which is higher than the end of last year 29.06 trillion won at that time. SK Hynix's inventory at the end of the first half was 16.42 trillion won (currently about 89.489 billion yuan), which was also an increase of 5% from the end of last year.

Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement.

The above is the detailed content of It is reported that Samsung Electronics, SK Hynix and other companies' reduction in NAND flash memory production will 'force the industry to increase prices next year'. For more information, please follow other related articles on the PHP Chinese website!