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DRAM bit growth to reach 14% in 2023, according to TrendForce

According to TrendForce, global DRAM bit production is expected to grow by 14.1% in 2023, while demand-side growth will grow by only 8.3%. According to the market research firm, it may be the first time DRAM demand has seen bit growth below 10%.

The DRAM market is expected to remain in a severe oversupply until at least 2023, further pushing memory prices down, according to TrendForce.

NAND flash memory is also in a state of oversupply, and chip prices are expected to fall in the first half of next year. Nevertheless, cheaper NAND chips will help stimulate growth in enterprise SSD storage density, says TrendForce.

TrendForce forecasts NAND Flash market bit demand growth to reach 28.9% in 2023, still below annual bit supply growth of 32.1%.

In another news, DRAM chip maker Nanya Technology reported revenue of about NT$4.4 billion (US$146.6 million) in July 2022, down about 16% month-on-month and 44.7% year-on-year, down 31%. It reportedly hit its lowest level in months.

TrendForce: DRAM Demand and Supply Bit Growth, 2018-2023

Source: TrendForce, compiled by DIGITIMES Asia, August 2022

TrendForce: NAND Flash Demand and Supply Bit Growth, 2018-2023

NAND Flash Demand and Supply Bit Growth, 2018 to 2023

Source: TrendForce, compiled by DIGITIMES Asia, August 2022



https://www.digitimes.com/news/a20220805VL204/dram-memory-chips-nand-flash.html DRAM bit growth to reach 14% in 2023, according to TrendForce

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