An observation on 2Q22 demand indicates that North American hyperscalers are still reducing their inventory that was accumulated last year...
The projected QoQ declines in contract prices for 2Q23 have widened because demand has remained quite weak during 1Q23...
Most suppliers are currently settling their 1Q23 financial performance right now, and some suppliers are still offering competitive prices in order to lock onto a certain period of future demand...
Suppliers have yet to improve in pressure of price reduction from production cuts during 1H23 due to the dropping server shipment that started from 4Q22...
The QoQ decline in server DRAM contract prices for 1Q23 was more or less set in February, but contract prices of the mainstream DDR4 server DRAM modules...
Regarding the server DRAM segment, the two major South Korean suppliers are currently actively engaging in negotiations...
Coordination on contract prices for client SSD has seen progress this week, where several suppliers have compromised on their prices on QLC Value SSD...
The contract market as a whole has not changed noticeably from last week, and a MoM decline in prices is still expected for February even after the downward shift in January...
Various end products have dropped 15% in quarterly prices on average as the excess supply market status remains unimproved...
Even though the Lunar New Year holiday has ended, contract negotiations have yet to pick up. Since actual demand is still not significant...
Negotiations between buyers and sellers have yet to turn aggressive after Chinese New Year, where buyers are still focused on individual negotiation for each single order and inventory pulls in batche...
Because the Lunar New Year holiday will arrive soon, suppliers are not particularly energetic in offering quotes for all categories of DRAM products...
The negotiations for 1Q23 contract prices are currently happening. In terms of enterprise SSD contract prices, suppliers have negotiated on their first edition of quotations...
