Shulou(Shulou.com)11/24 Report--

CTOnews.com August 23 news, the recent low demand for NAND flash memory customers, CTOnews.com had earlier reported that Samsung Electronics had planned to stop part of its P1 plant in Pyeongze, South Korea, NAND flash production equipment, and suspend the sixth generation of memory chips V-NAND mature process quotation.

Previously, according to foreign media BusinessKorea, in the case of no obvious improvement in market demand, Samsung Electronics and SK Hynix are facing a lot of pressure, inventory is still high, considering to continue to reduce production in the second half of the year.

According to foreign media citing supply chain news, the average price of DRAM chips will continue to decline in the third quarter of this year, falling 5% month-on-month, exceeding the 3% previously expected.

According to foreign media, people in the storage industry said that chipmakers' inventory of memory chips fell not as fast as he had expected, and the problem of inventory glut could continue into the first half of 2024, and delivery prices in the fourth quarter were worse than expected.

The current industry forecast is that "memory chip prices will rise early next year", but foreign media said that if the price decline is not reversed as expected, the "time point of price increase" for related industrial products will inevitably be delayed.

It is reported that inventory in Samsung Electronics' device solutions division, which is responsible for the storage business, increased to 33.69 trillion won at the end of the first half of the year (CTOnews.com Note: currently about 183.61 billion yuan), up from 29.06 trillion won at the end of last year. SK Hynix's inventory at the end of the first half was 16.42 trillion won (currently about 89.489 billion yuan), up 5 per cent from the end of last year.

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