Recently, it was reported that Samsung plans to renegotiate NAND flash memory prices with major mobile, PC, and server customers between this month and next month, aiming to increase prices by 15-20%.

After more than a year of oversupply, Samsung's NAND flash memory price remained at cost, so they plan to negotiate with major customers to bring the price back to a reasonable level.

According to research firm TrendForce, the global NAND Flash industry's revenue in the fourth quarter of 2023 reached $11.49 billion, a quarter on quarter increase of 24.5%. This growth is mainly due to the recovery of terminal demand due to year-end promotions, as well as the expansion of orders in the parts market, resulting in a significant year-on-year increase in storage chip shipments. Among them, Samsung still maintains a leading position, with Q2 2023 NAND revenue of $4.2 billion, a year-on-year increase of 44.8%, the highest growth rate among manufacturers. The average selling price of Samsung NAND products increased by 12% month on month.

Recently, General Manager Huirong also stated that the memory recovery situation that began in the second half of 2023 will continue in 2024, and may even continue until the first half of 2025. At present, the prices for the second season of NAND Flash have been negotiated and are expected to increase by 20%.

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This is reported by Top Components, a leading supplier of electronic components in the semiconductor industry. They are committed to providing customers around the world with the most necessary, outdated, licensed, and hard-to-find parts.

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Name: John Chen

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