Memory chips continue to reduce prices, 1TB version of Samsung 980 and other memory fell below 700 yuan

CTOnews.com September 26 news, according to CCTV financial report, memory chip prices continued to rise last year, but this year prices all the way down. According to a digital electronic mall in Shanghai's Hongkou District, the price of Samsung 980, a memory with a capacity of 1TB M2 interface, rose to about 1400 yuan last year and is now less than 700 yuan.

According to CCTV reports, most of the current memory prices have fallen significantly. Merchants say memory prices have been falling since November last year. Memory is mainly composed of controller and memory chip, which determines its price. Downstream demand declined in the first half of this year, but global memory chip shipments continued to grow. A number of chip manufacturers in the industry, such as Micron and Hynix, have issued warnings that the oversupply of chips is intensifying.

CTOnews.com learned that recently, TrendForce Jibang Consulting released a report saying that NAND Flash is in oversupply at present. Since the second half of the year, buyers have focused on de-inventory and greatly reduced purchase volume. The seller has opened a break price to consolidate orders, which has caused the price of wafer to drop by 30%-35%. However, all kinds of NAND Flash terminal products are still weak, so the original inventory rises rapidly, resulting in NAND Flash prices falling by 15%-20% in the fourth quarter.