In June, prices for NAND-memory fell by 2-5%
According to the analytical agency DRAMeXchange, in early June contract prices for NAND flash memory chips have fallen to 2-5%. The downward trend in prices in the industry reflects the sluggish demand for flash memory cards and keys, experts say.
In the future contract prices continue to fall, but at a slower pace. Suppliers will be less willing to cut prices to maintain profitability at an acceptable level. In addition, the second half is traditionally high season for the sector of flash drives, and experts expect a rise in demand in the industry.
In spite of the coming peak season, the market faces flash drives several factors. In addition to the unfavorable macroeconomic conditions, the demand for “flash” can knock gaining the popularity of cloud services, such as Google Drive and Dropbox.