Press Center

Mobile DRAM and eMMC/UFS Prices to Surge 18–23% in 1Q24 as Smartphone Brands Continue Stockpiling, Says TrendForce

19 December 2023 Semiconductors TrendForce

TrendForce predicts a significant rise in mobile DRAM and NAND Flash (eMMC/UFS) prices for the first quarter of 2024, with an expected seasonal increase of 18–23%. This surge could be further amplified in a market dominated by a few major players or if brand clients resort to panic buying under pressure.

Observations for 1Q24 indicate steady production planning by Chinese smartphone OEMs. A clear rise in memory prices is driving buyers to actively increase their purchasing efforts as they aim to establish secure and competitively priced inventory levels. 

TrendForce further points out that the smartphone market has often been an early indicator of economic downturns, with buyers and sellers continuously adjusting their inventories in the supply chain. Yet, as stockpiles reach their lowest points and the impact of reduced manufacturing persists, a robust rise in smartphone memory prices is set in motion. 

All in all, the onset of 2024 will likely see memory prices rising higher than other sectors. This escalation—fueled by sustained demand from clients and the slow operational scale-up by manufacturers—is expected to widen the supply-demand gap. Memory prices are anticipated to be the leading factor in this upward trend for the season.

For more information on reports and market data from TrendForce’s Department of Semiconductor Research, please click here, or email the Sales Department at

For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit

Previous Article
Top Ten IC Design Houses Ride Wave of Seasonal Consumer Demand and Continued AI Boom to See 17.8% Increase in Quarterly Revenue in 3Q23, Says TrendForce
Next Article
China and US Bolster Semiconductor Independence as Taiwan’s Foundry Capacity Share Projected to Decline to 41% by 2027, Says TrendForce

Get in touch with us