DDR4/DDR5 prices have collectively increased significantly. Samsung and other major storage manufacturers have made it clear that they will continue to reduce production.

As the strategy of reducing production and maintaining prices by major memory chip manufacturers is effective, Samsung and others have made it clear that they will continue to reduce production in Q4. According to a TrendForce survey, the total revenue of the memory industry in the third quarter of 2023 reached US$13.48 billion, with a quarterly growth rate of approximately 18.0%. in,Samsung’s Q3 revenue increased by 15.9%, SK Hynix increased by 24.3%, and Micron increased by 4.2%.

fourth quarter,Major storage manufacturers are clear about price increases, and memory contract prices are expected to rise by about 13-18% in the fourth quarter.

Take Samsung as an example. At the end of the third quarter, Samsung expanded production cuts in order to effectively alleviate inventory pressure, mainly targeting DDR4 products with high inventories. In the fourth quarter, the production cuts will be expanded to 30%.

According to reports,The memory Q4 contract price quotations were better than market expectations. DDR5 increased by 15-20%, DDR4 increased by 10-15%, and DDR3 increased by 10%. The increase was better than the original estimate of 5-10%.

A recent report from the Taiwan Business Times also pointed out that as international memory manufacturers such as Samsung and SK Hynix expand their production cuts, Micron's production cuts will continue until 2024.