Q1 saw NAND revenues rise by 28.1% to $14.71 billion, says TrendForce.
Micron overtook Western Digital to claim the fourth spot with 51.2% QoQ revenue growth to $1.72 billion.
Samsung remained No.1 with a 28.6% QoQ revenue jump to $5.40 billion. It expects 20% growth in Q2.
NAND revenues rising; Q2 prices to grow 10%
Hynix saw a 31.9% QoQ increase in revenue to $3.27 billion in Q1, and also expects a 20% growth in Q2.
Kioxia had a 26.3% QoQ rise in revenue to $1.82 billion and expects to grow Q2 revenue by approximately 20%.
Western Digital had a 2.4% QoQ revenue increase, reaching $1.71 billion and expects Q2 revenue to remain flat.
The surge in large enterprise SSD orders continues to drive up the ASP of NAND Flash by 15%. TrendForce forecasts Q2 NAND revenue to increase by nearly 10% QoQ.
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
The Malaysian Investment Development Authority (MIDA) and Infineon Technologies have launched a vendor development program to enhance Malaysia's semiconductor industry.According to Bernama and SME
Chosun Biz and ICSmart report that Samsung Electronics plans to reduce NAND wafer production at its Xi'an factory in China by over 10%. Amid a global NAND oversupply, this decision likely aims to
The IC design industry has seen demand in 2024 vary starkly across different applications: cloud AI-related demand continued to grow month by month, while the edge device sector was fraught with uncer