While still supported by orders, demand for solid-state drives has fallen compared to last year’s levels, when working from home was the norm and more people were buying computer hardware, TrendForce wrote. There are other familiar factors behind cooling demand for solid-state drives: A global economic downturn and rising inflation are affecting how much people are willing to spend. This leads to enterprises, especially China’s intelligentcell phoneManufacturers have reduced stocking. As a result, there is an oversupply in the NAND flash market.
When it comes to enterprise classSSD, the situation is different. TrendForce expects global enterprise SSD purchasing power to grow 10% quarter-on-quarter, driven in part by orders for hyperscale data centers, meaning prices for these SSDs are expected to remain flat.
It is reported that demand for Chromebooks has continued to decline since the second quarter of 2022, which means that the price of eMMC storage (the cheapest kind) used in the machine is expected to drop by 3-8% in the third quarter, just don’t expect it These devices will become cheaper for consumers.
Declining sales and oversupply mean prices for TLC and QLC NAND wafers continue to decline. They were down 8-13% in the second quarter and are believed to be down 5-10% in the third quarter.