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Nand flash, prices will increase by up to 40% in 2020

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Taiwan-based sources from memory chip manufacturing companies have forecast that prices for NAND flash contracts will rise by 40% in 2020.

NAND Flash, prices will increase by up to 40% in 2020

The increase in the price of NAND Flash memory would correspond to memory cards, USB flash drives and solid state drives. According to DRAMeXchange, the contract price of SSDs had been falling for a few years and only started to rise again in the second quarter of 2019 after production issues reduced NAND production.

While DigiTimes says we will see a 40% increase in the price of NAND flash technology in 2020, in the short term, DRAMeXchange says that NAND flash wafer contracts will increase their price by 10% quarter-on-quarter in the first quarter, continuing with the 10% price increase in December.

Several factors have caused the prices of NAND flash technology to rise; Among them, data center customers preparing for new projects this year, causing a shortage of supply for companies' SSDs. Apple's upcoming iPhones, expected in the first half of the year, have also put pressure on the supply of NAND flash hardware, further driving up prices.

Visit our guide on the best SSD drives on the market

With prices dropping for seven consecutive quarters through the second quarter of the year, recent price increases for SSDs and other NAND flash hardware have started from quite a low point and therefore may still be worth buying consumer products at this time. At their lowest point, SSDs were almost the same price as traditional hard drives.

In this way, if you want to invest in SSD drives to upgrade or build a new PC, you have to take advantage of this moment before they rise in price.

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