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Top 10 Foundries Report Nearly 20% QoQ Revenue Decline in 1Q23, Continued Slide Expected in Q2, Says TrendForce

12 June 2023

TrendForce reports that the global top 10 foundries witnessed a significant 18.6% QoQ decline in revenue during the first quarter of 2023. This decline—amounting to approximately US$27.3 billion

Certain Segments of China’s NAND Flash Wafer Market Poised for Slight Price Uptick Amid Elevated Inventories, Says TrendForce

6 June 2023

TrendForce research reveals that following significant production reductions by US and Korean manufacturers beginning in May, some suppliers have increased their wafer prices. This development has led to a slight elevation of market prices in China compared to those seen in March and April.

Slump in Both Volume and Price Leads to Global Enterprise SSD Revenue Falling by Nearly Half, Says TrendForce

1 June 2023

This resulted in a significant 47.3% decline in Q1 revenue, reducing it to US$1.998 billion. However, after the Q1 inventory liquidation, there’s been a projected slight uptick in purchasing demand for server ODM orders in Q2. Consequently, enterprise SSD suppliers’ revenue is anticipated to revert to a growth trajectory in the second quarter.

Total NAND Flash Revenue Falls 16.1% in 1Q23 as Demand Continues to Decline, Says TrendForce

1 June 2023

TrendForce’s recent analysis reveals that purchasing momentum in the NAND Flash market has decelerated during 1Q23. Despite suppliers aggressively slashing prices to stimulate sales, the bit shipment volume of NAND Flash witnessed only a marginal growth of 2.1% over the quarter. Coupled with a 15% drop in ASP, the NAND Flash industry registered a QoQ revenue decrease of 16.1%, amounting to about US$8.63 billion. 

DRAM Industry Q1 Revenues Decline 21.2% QoQ, Marking Third Consecutive Quarter of Downturn, Says TrendForce

25 May 2023

TrendForce reports a dramatic 21.2% QoQ decline in Q1 revenues for the DRAM industry, bringing total revenue down to US$9.663 billion. This significant dip represents the third consecutive quarter where revenues have fallen.

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