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Institution: NAND Flash contract prices are expected to drop by 3% to 8% in Q4.
On October 15th, according to the latest survey by Trend Force, NAND Flash products were affected by the lackluster performance of the 2024 second half peak season, causing wafer contract prices to fall in the third quarter, and the expected decline in the fourth quarter will expand to over 10%. For module products, in addition to the support of Enterprise SSD due to order dynamics, it is expected that there will be a small rise of 0% to 5% in the fourth quarter; PC SSD and UFS are more conservative in purchasing strategy due to the lower-than-expected sales of terminal products by buyers. Trend Force estimates that the overall contract price of NAND Flash products in the fourth quarter will decrease by 3% to 8%.