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NAND flash prices to decline in 2nd half amid sluggish demand

NAND flash prices are anticipated to decline in the alternate half due substantially to sluggish demand and surfeit, a report showed on Wednesday, darkening the performance outlooks for major chipmakers.

Assiduity shamus TrendForce anticipated the prices of NAND flash wafers to start to decline this month, and the rate could reach up to 10 percent in the third quarter.
It also said NAND force is likely to catch demand, fueling prices to go down further, reports Yonhap news agency.

NAND flash memory is a type ofnon-volatile storehouse, which doesn’t need power to keep data. It’s used in numerous consumer electronics, like smartphones and laptops.
Amid high affectation around the world, overall demand for consumer electronics has cooled down. Utmost people cut back on particular bias, like scrapbooks, especially as they’re coming out of the epidemic- convinced stay-at- home trend.

Despite weak demand, Samsung Electronics, the world’s largest memory chip maker, is believed to” maintain its capacity expansion plan. to stabilise unborn factory operations,”TrendForce said, especially after Samsung’s NAND product installations were”derailed due to theXi’an lockdown at the end of last time.”
Given the decaying demand and capacity expansion plan by the request’s dominant player Samsung, TrendForce anticipated the NAND flash request to face oversupply issues in the alternate half.

The vaticination cast a pall over the performance outlooks for Samsung and SK hynix Inc, the world’s alternate-largest memory chip maker.
Both chipmakers logged record daily earnings in the first three months of the time, thanks to robust demand for garçon chips and a pokily-than- anticipated price drop.

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