The market is quiet, particularly after the Lunar New Year.
PC demand shows no significant improvement this month, and the Q2 2024 demand forecast is not optimistic.
PC makers are hopeful that demand will improve in the second half of 2024.
Smartphone shipments experienced a slight decline during the Lunar New Year promotion compared to last year.
The mid-to-low-end smartphone segment underperformed compared to other segments.
Regarding the server market, shipments are normal and performing better than other segments.
Certain DC pull in key component in the first half of 2024, but most are experiencing sluggish demand for conventional servers.
DRAM
DRAM Price Growth Slows, Market Seeks Recovery in H2 2024
Due to the significant price hike in mobile-related memories during 1Q24, the price is not expected to increase as much in 1Q24.
It is anticipated that the price increase in the coming quarter could be in the single digit, and the price gap between LPDDR5x and LPDDR4x is narrowing.
The RDIMM price could increase more than other applications due to higher demand.
While most consumer DRAM pricing is stable, certain vendors offered higher prices for DDR4 products this month.
The spot price continued its upward trend, with both component ASP and module ASP increasing.
This trend is expected to continue in the coming month.
The channel demand is similar with last month, which is better than original projection.
This month, in the spot market,
16G DDR5 x8 original brand component up low single digit.
16G DDR4 x8 original brand component is stable.
16G DDR4 x8 ETT/UTT grade component up low single digit.
8G DDR4 x8 original brand component slightly, almost flat.
8G DDR4 x8 ETT/UTT grade component up low single digit.
4G DDR3 x16 original brand component up slightly, almost flat.
4G DDR3 x16 ETT/UTT grade component up slightly, almost flat.
NAND
Due to the significant price increase in 1Q24 and uncertain demand in the second half of 2024, UFS ASP is unlikely to see a significant rise in 2Q24.
The Client SSD ASP could increase by more than 10% as the current ASP is lower than other segments.
Some vendors even intend to raise it by much more than 20%. It could be difficult as current weak PC market.
The raw NAND wafer price continues to rise, but the trading volume is low.
Indeed, the the current raw NAND price is too high to be widely accepted, it requires additional ASP increases from OEM cSSD to keep the raw NAND uptrend.
The raw NAND uptrend is expected to continue in the coming months.
Certain NAND supplier’s dealt price is lower than their original offering this month, which is not a positive signal for pricing trend.
The channel SSD price increased slightly this month.
The channel demand is stable, and the market remains quiet so far.