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September 24, 2021 08:29 am GMT

(PR) NAND Flash Market Will See Falling Quotes and 0-5% QoQ Declines in Contract Prices for 4Q21, Says TrendForce

The latest analysis of the NAND Flash market from TrendForce finds that shipments have been below expectations for consumer electronics such as smartphones, Chromebooks, and TVs during this second half of the year. At the same time, demand remains sluggish for retail storage products including memory cards and USB drives. Data centers and enterprise servers represent the only applications that show relatively strong demand. With the inventory level of the demand side steadily rising, the procurement momentum of NAND Flash buyers will become more constrained going forward. The gradual weakening of demand is also relieving the shortage of NAND Flash controller ICs. Taking account of these factors, TrendForce forecasts that quotes for NAND Flash products will begin to fall in 4Q21, and NAND Flash contract prices will register QoQ declines of 0-5% for that period.

Original Link: https://www.techpowerup.com/287075/nand-flash-market-will-see-falling-quotes-and-0-5-qoq-declines-in-contract-prices-for-4q21-says-trendforce

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