Organization: the memory chip market remains depressed in 2023, and the demand for equipment orders continues to decline.

CTOnews.com news on January 4, according to Taiwan's Economic Daily, after the acquisition of ICinsight by TechInsights, a research institution recently released an analysis of the semiconductor-related market situation in 2023, saying that the semiconductor market began a new year in 2023, and the downturn in the memory market continued to affect the reduction of capital expenditure and the slowdown of production expansion plans.

TechInsights said that from the perspective of the semiconductor market, the continued downturn in the market for memory chips has also led to a continuous decline in order demand for memory chip equipment, setting a new record since September 2019, and many manufacturers are trying to deal with weak demand and serious inventory problems.

In addition, the price performance index of DRAM and NAND continued to decline, while MPU remained flat, but the inventory-to-turnover ratio remained too high.

CTOnews.com learned that TrendForce Group Consulting said last month that Client SSD demand would slow significantly in the future, which in turn limits overall NAND Flash demand bit growth, which is expected to grow at an annual rate of less than 30 per cent in 2022-2025.