3D NAND, memory market falls 24%

Demand for 3D NAND storage memory modules has fallen 24% during the third quarter of 2022, according to TrendForce’s latest report.

3D NAND, Memory Market Shrinks 24% in Q3 2022

Falling demand in the PC and mobile phone market has had an impact on the number of 3D NAND technology modules shipped during Q3 2022.

3D NAND memory modules are typically used as SSD storage for multiple products and devices, such as SSDs for PCs, or as a storage method for mobile phones, Smart TVs, etc, etc, etc.

Estimates indicate that manufacturers shipped $13.71 billion worth of 3D NAND modules in Q3 2022, down 24.3% from the previous quarter. Bit shipment volumes also declined 6.7% sequentially, while average prices fell 18.3% year-over-year, as NAND makers had to cut prices to make their products more attractive.

The industry leader remains Samsung, which holds a 31.4% market share, although the company’s revenue fell 28.1% sequentially.

One of the most important companies that managed to increase its market share is Kioxia, which achieved a 20.6% market share, increasing 5% from the previous quarter.

On the side of SK Group (SK Hynix and Solidigm) has a market share of 18.5%, falling more than 1% from the previous quarter. In this case, sales fell 29.8% in the quarter.

On the Western Digital and Micron side, their sales fell 28.3% and 26.2% compared to the previous quarter, respectively.

What TrendForce is predicting is that revenue is going to fall in Q4 as well and that the amount of 3D NAND memory contracted will decline by 20-25%. We’ll keep you posted.

 

3D NAND, 3D NAND, memory market falls 24%, Optocrypto

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