The global DRAM revenue fell by 7.5% QoQ in 1Q15, with revenue totaling $12 billion, according to DRAMeXchange, a division of TrendForce. The decline in the industry’s revenue is the result of the 11% quarterly decrease of the average DRAM contract price and the seasonality effects in the notebook and smartphone markets.
The NAND flash market is picking up thanks to the launching of new models in the smartphone market and the stock-up demand for upcoming iPhone, according to the latest report from DRAMeXchange, a division of TrendForce. The global research institution also estimates that the excess supply of NAND flash will be corrected in the third quarter.