Tuesday, November 5

NAND flash market turn-around: Revenue rose 25% in Q4 2023

Serving tech lovers for over 25 years.

TechSpot implies tech analysis and guidance you can rely on.

In a nutshell: The NAND flash market had the ability to reverse its fortunes in the 4th quarter of 2023, and grow earnings by almost 25 percent quarter over quarter. The current information from TrendForce highlights a considerable 24.5 percent QoQ boost in NAND flash market income to $11.49 billion.

The research study company stated the development was the outcome of stabilization in end user need driven by year-end promos “together with a growth in part market orders driven by cost chasing, causing robust bit deliveries compared to the very same duration in 2015.” Production cuts in the 2nd half of 2023 no doubt added to the turn-around too, reducing operating expense while assisting to remedy stock problems.

The scenario is just anticipated to enhance for market gamers in the near term. TrendForce stated it anticipates to see profits boost by another 20 percent in the very first quarter of this year, sustained by enhanced supply chain stock levels and increasing part rates. We can likewise prepare for consumers increase orders to prevent any prospective supply scarcities and to secure costs before they climb up any greater.

Samsung vanquished the competitors with regard to total profits haul, producing $4.2 billion from its NAND flash organization in Q4 2023– or a boost of 44.8 percent quarter over quarter– by increasing its delivery volume by 35 percent QoQ while improving its typical market price by 12 percent.

SK Group (comprised of SK Hynix and Solidigm) integrated for $2.48 billion, representing a 33.1 percent boost compared to the previous quarter. WDC was available in 3rd location with $1.66 billion in earnings however just a 7 percent boost quarter over quarter. Western Digital’s bit delivery volume dipped by 2 percent however ASP increased by 10 percent. Kioxia and Micron completed the leading 5 with $1.44 billion and $1.13 billion in income, respectively.

As we stated a couple of months back, there is no much better time than today to purchase a brand-new SSD. Costs are just going to increase from here, and who knowns when or if we will see another dip that brings costs this low once again.

ยป …
Learn more