It is reported that Samsung Electronics has increased the price of mobile phone memory chips by 10~20%, and its customers include Xiaomi, OPPO, etc.

According to chip industry analysts, although demand for PC chips remains weak, the memory chip market is currently showing signs of recovery, especially in the field of mobile DRAM chips.

According to the Korea Economic Daily, Samsung Electronics Co. recently signed DRAM and NAND chip supply agreements with its customers, including Xiaomi, OPPO and Google, at prices 10-20% higher than existing contracts. A Samsung executive said it expects memory chips to The market's supply-demand balance will tilt toward supply shortages as early as the fourth quarter of this year. In other words, Samsung believes that the memory chip market may be in short supply in Q4

According to sources, the chipmaker plans to supply memory chips to Samsung’s mobile business unit for the production of Galaxy series smartphones. Moreover, they also plan to supply at a higher price to reflect the trend of rising mobile chip prices

According to a source: "We have learned that Chinese customers have agreed to accept Samsung's chip price increase. Because they expect smartphone sales to grow, especially in overseas markets, industry observers said that as the chip industry began to significantly reduce production from the end of 2022, smartphone manufacturers’ chip inventory levels have declined. .

#In the upstream market, benefiting from the recent boom in the release of new smartphone products, the prices of DRAM chips such as LPDDR5X have gradually increased. According to market research firm TrendForce, Samsung began to control production in the second quarter and is expected to tighten further in the third quarter. Analysts pointed out that as inventories gradually dwindle, there is increasing pressure for higher prices

TrendForce also said that South Korean memory chip manufacturers are determined to increase the price of their latest chips, and that price increases may continue into the fourth quarter. quarter. Industry executives also said that in the NAND flash memory market, customers have stopped cutting back on order volumes and are starting to place more orders.

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