According to analysts from TrendForce, solid state drives will become significantly cheaper in the fourth quarter. Experts assume that prices for both client and enterprise SSD models could collapse by 15 to 20 percent.
Experts note that the market is witnessing a significant oversupply of 3D NAND flash memory used in SSDs. The global economic crisis and the associated high inflation are reducing consumer interest in new electronics, computers and smartphones. Many manufacturers have to resort to the practice of selling their goods. Price competition between memory chip vendors such as Samsung, SK hynix, Micron and Kioxia (along with Western Digital) will continue to increase, driving down the cost of memory chips and ultimately NAND storage end products.
The eMMC and UFS flash market, which is mainly used in mobile devices, is forecast to drop in price by 13 to 18 percent. Sluggish demand for Chromebooks, TVs and smartphones is causing it, analysts say.
According to experts, the low demand for silicon wafers with 3D NAND flash memory chips combined with an increase in their production volumes and inventories will lead to a 20-25% decrease in their costs in the fourth quarter.
According to the German edition of ComputerBase, the local market is already seeing price reductions for some solid state drive models, especially entry-level models. In some cases, the costs for a 1 TB SSD have fallen below 60 euros or below 6 cents per 1 GB. If TrendForce forecasts are correct, the cost of a gigabyte should drop to 5 cents by the end of the year.