NAND Flash Industry’s Revenue Fell by 6.2% QoQ for 4Q24 Due to Inventory Reduction Efforts Dragging Down Demand for Consumer Products

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2025-02-26

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TrendForce reports that the NAND Flash industry's revenue fell by 6.2% QoQ in 4Q24 due to continued inventory reductions by consumer electronics OEMs. Despite relatively stable demand for enterprise SSDs, overall market oversupply led to price declines. In 1Q25, the NAND Flash industry's revenue is projected to drop by more than 20% QoQ due to seasonality and suppliers' aggressive production cuts. Suppliers are actively adjusting capacity and product strategies to address market challenges.

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Category: Semiconductors

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