Monthly Memory & Flash Market Watch

Samsung delays mass production at its Texas fab

• The company scales back its Texas operation due to uncertain CHIPS Act subsidies and the global economy.

• The CHIPS and Science Act, which is supposed to be provided to semiconductor companies to encourage the construction of foundries in the U.S., is still largely in the pipeline, with just $35 million of the total $52 billion granted so far.

WD’s board of directors approved a plan to separate its HDD and flash businesses

*Facts about PCIe 5.0: developed by PCI-SIG, up to 14,000 MB/s read, enables twice the data transfer speed and bandwidth versus the PCIe 4.0 spec

• Kioxia CM7 and CD8P series drives can now be found on the PCI-SIG Integrator’s List

SK hynix's market share of the DRAM market has reached 35% as of Q3’23

• This is the most notable growth among manufacturers, reaching $4.626 billion and significantly narrowing the firm’s market share gap with Samsung to less than 5%.

• The firm benefited from growth in HBM and DDR5 shipments and is expecting a steady quarterly rise in 2024 in line with DDR5’s growing market penetration.

Recent Micron strategies in China is considered as moves to make amends with the Chinese authorities

*Background: Chinese government’s prohibition against Micron chips in the nation's critical infrastructure affects its business significantly

• The firm reached a global settlement concerning a seven-year-old intellectual property theft lawsuit against Chinese state-owned Jinhua Integrated Circuit Co.

• Micron promised to invest another 4.3 billion yuan (US$ 606.2 million) in its chip-making plants in China.

SUPPLY TREND

2023-2024 Worldwide SSD Shipment

Q4 demand is at the highest level of 2023.

2023-2024 Worldwide DRAM Output

DRAM production for all applications is expected to be at high level in 4Q23 then reach new heights in 2H24 compared to the entirety of 2023.

2023-2024 NAND Price Trend & Sufficiency Ratio

NAND Sufficiency: maintained at extreme low level from 2H23 to 2024

Price Trend: NAND Flash price is likely to climb continuously during 1H24, after a sharp rise in 4Q23

2023-2024 DDR4 Price Trend & Sufficiency Ratio

DRAM Sufficiency: maintained at extreme low level starting from Q423
Price Trend: 8Gb contract price overlapped the spot low level in Dec.’24., and will climb up slowly in 1H24

SUPPLY SIGNAL

	Type	Supply	Price
DRAM Module	DDR3	●	▲
	DDR4	●	▲
	DDR5	●	▲
Flash Storage	SLC	●	▂
	MLC	●	▂
	3D TLC (BiCS3) *Limited Supply. We encourage you to migrate to BiCS4 and BiCS5	●	▲
	3D TLC (BiCS4)	●	▲
	3D TLC (BiCS5)	●	▲

●Smooth Supply ● Mildly Tight Supply ● Tight supply ▂ Flat ▲ Upward trend ▼ Downward trend

WORK WITH ADATA

While the market study may not indicate a significant price increase in Q4, we have observed a continuous uptrend in spot market prices. This uptrend is driven by supply-side factors, as chip manufacturers have significantly reduced production.

At ADATA, we are committed to supporting our long-term loyal customers in managing this price increase. We encourage you to get in touch with your account sales representative to discuss potential offers for booking your orders for 2024.

Monthly Memory & Flash Market Watch