22 Feb 2022 -
 General

Supply chain: Micron and Western Digital to raise NAND flash prices

According to the recent reports, Micron recently raised the contract price and spot price of NAND chips. Among them, the contract price increased by 17% to 18%, and the spot price was about 25%.

Western Digital has also raised the price of all its NAND flash memory in response to the sharp rise in costs, says SemiMedia. Other NAND flash and memory chip makers are likely to follow Western Digital’s lead, the report said. This could push up NAND flash prices to start a rebound in the first quarter of 2022 and possibly see the biggest increase of 2022 in the second quarter.

 “The NAND market has been in a slightly oversupplied state and prices have been falling,” said Craig Stice, principal analyst at Omdia. “Now factoring in Kioxia’s production losses, supply and demand may return to relative balance for the remainder of the quarter.”

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

04 Mar 2024 - Industrial

Groundbreaking USB-C Technology from Pulsiv and Astute Electronics Signals the End of Bulky Wall Chargers

Read more

04 Mar 2024 - General

DRAM market boom, set to soar in ’24

Read more

01 Mar 2024 - General

Rising shipping costs adding to core inflation

Read more

01 Mar 2024 - General

Power module market to boom, but costs under pressure

Read more

29 Feb 2024 - General

Electronics industry optimistic: bright start to 2024

Read more

26 Feb 2024 - General

India’s WTO stance raises concerns for chip industry growth

Read more