DRAM

RDIMM pricing might increase a lot in CQ2 due to strong demand from US Datacenter

The RDIMM ASP in CQ2 might increase significantly.
Follow with US Datacenter upside and the channel RDIMM pricing achieved $130 in this month, and it seems the Q2 RDIMM contract price might not lower than $130.

The mobile DRAM pricing CQ2 is slightly better than our original expectation and smartphone vendors in promoting the middle to the low-end smartphones in order to increase the sales units.
The COVID-19 event caused some order cut in Q2, but we might see a low single-digit ASP increase in Q2 to follow the overall DRAM pricing trend.

In the Spot Market, the demand seems better and price back to upturn around 2/20
The channel Booth inventory is low after the Chinese new year.
However, due to the C-19 event, some traders sell DRAM at lower prices, as more and more Chinese companies back to operation, the demand would be better and Spot price increasing.
In February, 8Gb DDR4 price relatively flat and the average selling price for 4G DDR3 increased 9%.
We are expecting consumer DRAM would be a shortage in Q2, the consumer DRAM might increase continuously in Q2.

NAND

NAND pricing upturn may extent to 2H20

In the coming Q2, the client SSD might increase more than 10%
The COVID-19 impacts the worldwide economy and the condition seems to get serious.
However, this event seems to haven’t brought a negative impact on the NAND pricing trend so far.
We saw strong demand from the Datacenter side and Channel SSD price keeps increasing.
Due to the cost of NAND wafer is getting higher for the Module houses, their selling price for client SSD increased a lot in February.

Regarding the NAND for the Smartphone segment,
The ASP might slightly increase in Q2, which is 5% to low single-digit even the demand is not well and some order cut in Q2.

The C-19 event continued and still not under control, we will keep monitoring the C-19 impact to the SCM and how will it impact the pricing trend.