🟦Q1 2024: NAND Flash Prices Expected to Rise Significantly

NAND Flash contract prices expected to increase by 15~20% in Q1 2024

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🟦Q1 2024: NAND Flash Prices Expected to Rise Significantly

 According to TrendForce, contract prices for NAND flash products in Q1 2024 will increase by an estimated 15~20%. These developments reflect the complex balance between supply and demand in the NAND flash product market, which may influence future market trends.

🟦 Responding to price increases and increasing demand

 This price increase is due to aggressive price hikes by manufacturers to compensate for losses, shrinking supply, and buyers’ moves to stock up. This has led to an increase in the price of products such as SSDs and eMMCs for PCs, enterprises, and smartphones.

  • Client SSD:
    • PC OEMs will reach a peak in purchases in Q1 2024, with PCIe 4.0 SSDs gaining popularity
  • Enterprise SSD:
    • Continued boom in the North American and Chinese markets
  • eMMC:
    • Steady demand from smartphones and Chromebooks
  • UFS:
    • In particular, there will be a shortage of UFS 4.0
  • NAND Flash Wafers:
    • Moderate increase due to short-term price surge in the last quarter


NAND Flash contract prices are expected to increase by 15~20% in the first quarter of 2024. This price increase is expected to have a significant impact on the market, owing to supply constraints and buyers’ moves to stock up.

 The rise in memory prices, which is a leading indicator of the semiconductor economy, has become clear. 2024 is going to be a good year for the semiconductor industry.

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