Nand flash, revenues grow in the last quarter of 2019

According to TrendForce figures, NAND flash sales during 4Q19 (fourth quarter 2019) increased almost 10% year-on-year thanks to the growth in demand from data center customers.

NAND Flash, Income grows in the last quarter of 2019

On the supply side, contract prices recovered successfully due to the shortage caused by the power outage at the Kioxia production base in Yokkaichi in June. In sum, the income of the last quarter of 2019 reached 12.5 trillion dollars, an 8.5% increase compared to the same period of the previous year.

4Q19 performance was stronger than expected on the demand side, helping to improve supplier inventory to normal levels. In response, NAND vendors were able to reduce their wafer market allocations and instead focus on shipping products with higher profit margins.

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In 1Q20, the COVID-19 (Coronavirus) outbreak may have an impact on the consumer electronics supply chain, including smartphones and NBs. This means that the total quarterly bit send is projected to record a minor decline or flat trend. Even so, this can be offset by the large increase in prices, so NAND flash revenues are expected to remain at least at the same level as in the fourth quarter of 2019.

Samsung, Sk Hynix and Kioxia have also had growth compared to the same period of the previous year. Western Digital is one that did better with a 12% increase in sales compared to the same period last year. Finally, Micron had a respective increase of 18%.

Business seems to be going well for storage memory manufacturers. We will keep you informed.

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