Time to Buy an SSD? Samsung plans to raise its NAND flash costs through 20% per quarter

Time to Buy an SSD? Samsung plans to raise its NAND flash costs through 20% per quarter

Last updated 6 month ago

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samsung
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Time to Buy an SSD? Samsung plans to raise its NAND flash costs through 20% per quarter



PC owners might be sensible to buy themselves a new SSD now rather than ready any further. According to a brand new file, Samsung, the sector's largest producer of flash reminiscence, wants to boom the wholesale price of its NAND flash via up to twenty% in step with quarter for at least the next quarters.

An oversupply of DRAM and NAND in South Korea this yr has seen SSD charges fall via over 30% in view that January. In April, Samsung showed it became preparing to reduce its chip output in the hope that scaling lower back production might preserve expenses from dropping any in addition. The company slashed even extra production inside the 1/3 zone to assist deal with the chip glut.

Samsung said in its quarterly earnings record remaining month that it had observed indicators that the chip marketplace become improving as call for stabilized and clients introduced new products. As such, it expects the organization's memory business to hold improving over the approaching months.

We additionally heard in October that analysts and producers had begun reporting rising revenue because of increasing DRAM and NAND shipments in the 1/3 quarter of 2023, suggesting garage and reminiscence prices have been about to upward push.

Market studies corporation Trendforce reviews that Samsung has already elevated wholesale prices of its NAND chips via 10% to 20% this quarter, which can result in purchaser SSD fees jumping 5% to thirteen% by the cease of the 12 months.

Trendforce believes Samsung will retain increasing the wholesale charge by way of 20% in line with quarter for at least some other two quarters, which means carriers will be paying up to 44% greater by the middle of 2024. Consumers might not be handing that a great deal greater for his or her SSDs, however such an growth would nevertheless power expenses up around 15%.

Being the largest flash reminiscence producer manner that in which Samsung goes, others follow; consequently, we will assume other producers, most of whom additionally slashed production in advance this yr, to start increasing their wholesale fees as properly. The backside line is that if you're thinking about shopping for an SSD, it'd likely be wise to get one sooner in preference to later.

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