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Sources say Samsung Electronics plans to significantly increase the price of NAND flash memory from next month.

Shulou Source: shulou.com Published: 2023-11-24 21:05:27 10月02日 Update

Thanks to CTOnews.com netizen OC_Formula for the clue delivery! CTOnews.com, October 6, according to a report by South Korean media Business Korea, Samsung believes that the current supply price of NAND Flash is too low, and the company plans to increase the contract price of NAND Flash products by more than 10% from the fourth quarter of this year. It is expected that the new contract will adopt the new price as soon as this month.

▲ Tu Yuan South Korean media Business Korea since the beginning of this year, Samsung has been pursuing a production reduction strategy. CTOnews.com has previously reported that Samsung's wafer production has dropped by 40%. The initial production reduction measures are mainly focused on DRAM, and then Samsung began to slash NAND Flash business production in the second half of the year, and is now trying to normalize NAND prices.

Now that DRAM prices have rebounded, there is still room for breakthroughs in NAND products. Samsung aims to expand the scale of production cuts, reduce supply, and then raise prices to seek a reversal, and it expects to achieve NAND break-even in the second quarter of next year.

Han Dong-hee, a researcher at SK Securities, believes that Samsung's second wave of production cuts and profit priority policies are expected to lead to a rebound in memory chip prices.

At present, buyers and sellers in the industry are negotiating the contract price. Foreign media believe that the contract price of DRAM and NAND Flash will rise by 10%, 15% in the fourth quarter, and Samsung even plans to increase by 20%, but it remains to be seen how much the transaction price will be.

Related reading: "it is reported that Samsung is planning to raise the price of NAND storage wafers, and the quotation is getting tougher."

"A shot is a tough move: it is reported that Samsung took the lead in launching a price war for wafer foundry, and UMC and the world's advanced companies were forced to cut prices."