DRAM Market

RDIMM contract Price and Spot Price rebounding, but Mobile DRAM declined in 1Q20.

As mentioned last month, each application had a different pricing scenario in 1Q20.
RDIMM price up lows single-digit in 1Q20 due to urgent demand and demand-side inventory banking strategy.
However, Mobile DRAM price declined more than expected in 1Q20 due to weak demand.

In the 2Q20, we may see RDIMM/UDIMM price increase 5~10% or higher.
The ASP growth might be better than the current prediction if the demand from the customer is solid and the coronavirus event is under control sooner.
Regarding the Mobile DRAM, the current Mobile market situation may not good enough to support the ASP having a significant increase in 2Q20.
We may expect the Mobile DRAM slightly down or up, which is relatively flat in 2Q20. Of course, the suppliers like to see Mobile relative memory ASP slightly increase in 2Q20.

In the Spot market, we are seeing ASP increasing continuously,
The original Brand/UTT/eTT Price increased around 9% in Jan. and we are expecting better demand and price hike after the Chinese new year in the Channel market.
The Channel players don’t have enough inventory, and they will try to buy more even the demand is not good in the current market.

NAND Flash Market

ASP increasing follow with good demand from SSD related applications

In 1Q20, the SSD price increased around 10% due to related shortage and good demand from the PC and Datacenter side.
However, the coronavirus in China showed a negative impact on the market in 1Q20, especially in these three weeks.
The impact could be eased after Chinese workers back to their position earlier.
Regarding the ASP for Smartphone related production, there is a single-digit increase in 1Q20, which is much less than other applications due to weak demand.

In 2Q20, the ASP for NAND related products may continuously increase the similar level or slightly better than 1Q20.

In the Channel and retail market,
The retailed SSD ASP increased by 20% in Jan. followed with leading channel module house’s price offering.
The Nand Wafer price increased more than SSD’s ASP in the same timeframe, but the transaction in the Channel market is limited before the Chinese new year.
However, we may see the Channel price goes up in the coming month, even the channel market players have some inventory on hand now