Memory sales expected to rise in Q2

A DigiTimes report says multiple memory makers are expected to see an increase in shipments in the second quarter of the year, as well as a slow decline in prices.

Sales of memory modules will increase in the second quarter

According to DigiTimes , memory makers in Taiwan showed mixed results in the first quarter of the year as DRAM and NAND flash memory prices declined sharply. However, companies now expect their sales performance to improve in the second quarter as demand for DRAM and NAND flash is about to increase.

In addition, suppliers expect the sharp price drops they experienced in the first quarter to end. Memory module prices will continue to drop in the second quarter, but not as fast, offering companies a little respite. In addition, prices are expected to rebound in the third quarter as demand increases further in the peak season.

For the past year or so, the providers of DRAM and NAND flash have come under intense pressure to lower prices and therefore lower profitability. Some memory makers, such as Samsung, have been reluctant to lower prices, which has ultimately led the company to lose market share and profits.

Visit our guide on the best memories for PC

This has worked in favor of lesser-known or lower-end memory providers that have taken advantage of the situation to increase both their market share and profits. One of them was Adata Technologies, which was able to achieve a high profit of NT $ 152 million (US $ 4.90 million) in the first quarter of this year.

Team Group also experienced an increase in its income in the first quarter up to 3.78% compared to the same period of the previous year, reaching 1, 690 million New York dollars (54.6 million dollars), which represents the level highest in the last nine years in the same quarter for them.

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