NAND Price Hikes Could Mean Increased SSD Prices Soon
NAND Price Hikes Could Mean Increased SSD Prices Soon
Per TrendForce report, leading NAND flash manufacturer Samsung is implementing a 20% quarterly increase in prices in hopes of regaining revenue lost in the past quarters as a result of oversupply issues. This is said to be higher than industry estimations – but in consumer terms, this should mean a price increase in the volatile SSD market is expected next year.
The report further notes that as NAND suppliers (Samsung and others) adopt a firmer stance in contract negotiations with downstream companies – due to the scarcity of high-end SSD products – this should mean the SSD contract pricing is projected to rise by an estimated 5-10%, and the client SSD product is expected to see prices rising between 8-13%.
This also affects the mobile smartphone market, with eMMC and UFS storage both seeing projected price increases of approximately 10-15% in Q4 2023, on top of the already increased DRAM prices (+13-18%). As a result, smartphones in the coming year may also see price increases of various extents in certain models.
It’s somewhat expected, given that SSD and DRAM suppliers have seen a substantial downturn in revenue in recent years; such strategy of limiting production is the most viable way to get the pricing back to profitable levels. As a consumer, if you’re contemplating SSD purchases, best to do it soon.
Source: Wccftech
Pokdepinion: SSDs definitely are heading upward in terms of pricing, in fact I’m starting to see this happen in real time as we speak.
