NAND Market Shifts Toward Equilibrium

发布时间：2018-03-07 00:00
作者：Ameya360
来源：Dylan McGrath
阅读量：954

　　The NAND flash market, which enjoyed one of its best years on record in 2017 thanks to strong demand and tight supply, took a step toward equilibrium between supply and demand in the fourth quarter as yield rates improved, with contract pricing for NAND in PCs, tablets and servers remaining flat or declining slightly, according to DRAMeXchange.

　　Coming off the high seasonal demand for NAND in the fourth quarter, the NAND market is currently in a state of slight oversupply, with NAND suppliers likely to see sales suffer as they cut prices on products to spur demand, according to DRAMeXchange, a unit of market research firm TrendForce that tracks memory pricing. The firm said that NAND suppliers can still maintain a healthy level of profit despite the oversupply because costs to produce 64- and 72-layer 3D NAND have also declined.

　　The only types of NAND that showed increasing contract pricing during the fourth quarter were eMMC and Universal Flash Storage (UFS), DRAMeXchange said.

　　Constrained by limited capacity and early 3D NAND hiccups that impacted supply, sales of NAND flash increased by more than 40 percent last year. However, sales increased only about 7 percent in the fourth quarter compared with the third quarter, the company estimated.

　　South Korea's Samsung Electronics remained the leader in NAND revenue by a wide margin in the fourth quarter, increasing its market share to an estimated 38 percent, up from 37 percent in the third quarter of 2017, according to DRAMeXchange. Much of Samsung's fourth quarter market share growth appears to have come at the expense of Japan's Toshiba, which remained the No. 2 player in NAND despite its market share slipping to 17.1 percent in the fourth quarter from 18 percent in the third quarter of the year, DRAMeXchange said.

　　Western Digital and Micron, the third and fourth ranked players in NAND respectively, also lost market share during the fourth quarter despite growing sales, according to DRAMeXchange. SK Hynix, meanwhile, gained more than a percentage point of market share as the company's NAND sales increased by nearly 20 percent from the third quarter to the fourth quarter of last year, the firm said.

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NAND Flash Manufacturers to Cut Capex by 2% YoY in 2019 Due to Worsening Oversupply
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However, a greater part of the 2Q18 server SSD shipments is made up of low-price products due to the imbalance in Intel’s product mix. This actually led to a QoQ drop surpassing 6% in the supplier’s NAND Flash ASP. Intel nevertheless kept its NAND Flash revenue above the US$1 billion mark in 2Q18, posting an increase of 6.8% QoQ to US$1.08 billion.Intel also continues to work on its 3D XPoint and will likely be its leading advocate after the split with Micron. However, getting more customers to adopt this technology will be much more difficult if there is no other partner willing to invest in it.
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