The leading memory manufacturers Kioxia, Micron, Samsung, SK Hynix, and Western Digital have lost over $10 billion in flash memory alone as the companies had to cut down prices of already produced ICs. Gartner predicted that DRAM revenue this year will drop by 39.4% and NAND by 32.9%. Against this background, Phison Chief has warned of bankruptcies in the NAND industry if prices continue to decline.
Gartner also predicted that memory revenue will increase 70% in 2024 (DRAM will even surge to 86.6%), as the market will move to undersupply again and prices will rebound. The question is if manufacturers can live through this difficult year – and which products they discontinue along the way.
It is a critical time for the memory industry as well as for all industrial manufacturers. If you are using legacy DRAM or Flash memory technologies and are worried about a continuous supply, speak with us about possible alternatives. Stay on the pulse of development and plan ahead. We have 18 memory manufacturers in our line card. We can help find alternatives.