DRAM
Smartphone Market remained weak in China, Channel Demand is Stable
The China smartphone market performed weak this month, the double 11 event shipment declined high single YoY.
In November, China market might decline more than 10% YoY, but Apple gained share and shipment improved.
However, the non-China demand is stable, the consumption ability is slow in China.
The Channel demand is stable this month and last month, both module houses and distributors’ inventory low in the middle of this month.
In addition, the DRAM suppliers’ supply to the channel market is less than expected.
Therefore, module markers’ dealing price up to the official price, the channel brokers are trying to raise the trading price around the end of this month.
However, it seems not much transaction happened after brokers raised the price. Besides, some brokers sold modules to get cash back.
In conclusion, the channel demand is not good enough to accept price up.
8G DDR4 x8 original brand component average ASP declined around 4%, but the low price raised around mid. single digit.
8G DDR4 x8 ETT/UTT grade component declined around 10% this month.
The consumer demand kept sluggish momentum.
4G DDR3 x16 component price is stable, but 2G DDR3 x16 component down high single-digit this month.
8G DDR4 x8 ETT/UTT grade component declined around 10% this month.
The consumer demand kept sluggish momentum.
4G DDR3 x16 component price is stable, but 2G DDR3 x16 component down high single-digit this month.
NAND
Channel SSD demand improved, PC OEM demand improved
The Channel SSD shipment improved, the raw NAND wafer price keeps declining.
The SSD ASP was down and shipment volume increased.
Some NAND suppliers’ bit growth would be higher than the industrial average this year, they have pressure to sell raw NAND wafer to decrease their own inventory level. The raw Nand price declined significantly from the end of last month to this month.
PC OEM demand improved due to component shortage condition is easing.