According to foreign media reports, the output value of global NAND flash memory industry will decline month on month in the fourth quarter of 2020, according to the data of trendforce, a market research institution.
In contrast, in the third quarter of 2020, the output value of the global NAND flash industry increased by only 0.3% to US $14.5 billion.
Previously, most companies decided to actively purchase spare parts in the first few months of 2020 because of concerns about the new coronavirus pandemic. Now that the impact of the epidemic has eased, and since the beginning of this year there has been no major supply chain disruption, companies do not need to buy as many parts.
With the end of the year approaching, most companies are focusing on cutting expenses and managing inventory, which leads to the overall decline in market demand for NAND flash products.
Trendforce said that at present, NAND flash market is still oversupply, which continued to drag down flash prices in the fourth quarter of this year.
Earlier, an industry chain source disclosed that due to oversupply, the price of memory chips including DRAM and NAND flash memory chips is expected to drop 10% month on month in the fourth quarter of this year.
As for DRAM, trendforce disclosed that in the third quarter of 2020, the output value of DRAM industry reached 17.46 billion US dollars, an increase of 2% month on month. (Fox)