Samsung Plans Significant Increase in NAND Flash Prices
Samsung Plans Significant Increase in NAND Flash Prices: Adjustment Could Exceed 10%
- Why Enterprise RAID Rebuilding Succeeds Where Consumer Arrays Fail?
- Linus Torvalds Rejects MMC Subsystem Updates for Linux 7.0: “Complete Garbage”
- The Man Who Maintained Sudo for 30 Years Now Struggles to Fund the Work That Powers Millions of Servers
- How Close Are Quantum Computers to Breaking RSA-2048?
- Why Windows 10 Users Are Flocking to Zorin OS 18 Instead of Linux Mint?
- How to Prevent Ransomware Infection Risks?
- What is the best alternative to Microsoft Office?
Samsung Plans Significant Increase in NAND Flash Prices: Adjustment Could Exceed 10%
In its Q1 2023 financial report, Samsung posted its worst performance since the 2008 financial crisis.
The semiconductor division suffered heavy losses, with the deteriorating performance of the memory sector being the primary reason for the decline in quarterly revenue.
In response to weak demand and to stabilize prices, Samsung has shifted away from its “no production cuts” stance, starting in the second quarter to reduce the production of both DRAM chips and NAND flash, with production cuts of up to 30% and 40% compared to the beginning of the year.
With the robust growth of artificial intelligence (AI), demand for server DRAM has been steadily increasing for businesses, and coupled with reduced customer inventories, the DRAM market has begun to rebound.
Now, Samsung is turning its attention to NAND flash. According to Business Korea, Samsung plans to increase NAND product prices by more than 10% in the fourth quarter of this year, with the implementation expected to begin on new contracts as early as this month. This move could have a significant impact on consumers looking to purchase SSDs.
As a global leader in the storage semiconductor industry, Samsung’s actions directly influence market trends. In the NAND flash sector, Samsung holds the largest market share, and if the price increase proves successful, competitors such as SK Hynix and Micron are likely to quickly follow suit.
Compared to DRAM, the NAND flash market has shown no signs of improvement, despite efforts by companies like Samsung to reduce production. Samsung may be attempting to turn the situation around quickly by increasing prices in coordination with reduced supply.
