DRAM memory market continues to bleed
According to the latest shared figures, Samsung has seen a significant drop in ASP (Average Selling Price) due to the drop in demand for its new products. This resulted in revenue of $4.17 billion, down 24.7 percent quarter-on-quarter. Another manufacturer, Micron, managed to record an increase in shipments. However, the company’s revenues decreased 3.8 percent quarter-on-quarter to $2.8 billion.
TrendForce also shared its second-quarter revenue forecasts for the DRAM industry. Accordingly, while DRAM prices continue to fall, Q2 operating margins are expected to remain in the red. In response to this, Samsung, Micron and SK Hynix, which started to sign production cuts, will reduce their capacity utilization rates to 77 percent, 74 percent and 82 percent, respectively.
In the light of the shared information, we can say that the DRAM market is facing low demand and supply chain problems. On the other hand, we can see that the market is reviving with current DRAM technologies. However, according to the latest financial indicators, the road ahead for the sector will be challenging.