Gearbest Tech
[Gearbest News]In 2023, thanks to the price fluctuations of upstream raw materials, the prices of storage products have been falling. In the PC market, you can buy a 1TB solid state for 200 yuan. In the mobile phone market, many manufacturers have also started to popularize 16GB+1TB mobile phones. However, the price of memory chips is now starting to rise again. Recently, Gearbest noticed that Western Digital issued a price increase notification letter, predicting that the price of NAND chip products will increase by 55% cumulatively in the next few quarters.
On December 7, Western Digital (WD) issued a price increase notification letter to customers, emphasizing that NAND chip product prices will rise cyclically in the next few quarters, with an expected cumulative increase of up to 55%. This news has aroused great concern and heated discussion in the industry.
As the world's fourth largest storage NAND Flash supplier, Western Digital's price increase notice not only heralds changes in the NAND chip market, but also reflects the development trend of the entire memory industry. As several major upstream manufacturers jointly reduce production, the price of NAND chips will rise again. Western Digital's price increase notification letter shows that the price increase in the NAND chip market has been unstoppable. . At this stage, the industry is mostly optimistic that quotations will stop falling and rebound. Western Digital has issued a price increase letter to customers. It is expected that the increase will be astonishing, becoming the forerunner of a comprehensive price increase in the industry.
It is worth mentioning that Trend Force’s latest research shows that although the contract prices of DRAM and NAND Flash began to rise from the fourth quarter, the increase may be lower than expected. For DRAM, the contract price increase is expected to be about 3%-8%, while the contract price increase of NAND Flash is expected to be 8%-13%.
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