Contract prices of NAND flash memory chips fell by 9%–10%
According to DRAMeXchange, the contract prices of NAND flash memory chips fell by 9%–10% in 4Q15 driven by market oversupply. Weaker shipments of smartphones, tablets, and notebooks also resulted in a 10%–11% drop in prices of eMMC and SSD (solid state drive) products in 4Q15. Revenues of the global NAND flash industry fell 2.3% quarter-over-quarter in 4Q15.
“Besides facing rapidly falling prices, the manufacturers have also reached a bottleneck in their process technology migration,” said Sean Yang, research director at DRAMeXchange, a division of TrendForce.
Samsung’s 4Q15 NAND flash revenues
According to DRAMeXchange, Korea’s (EWY) Samsung Electronics (SSNLF) continued to be a market leader in the NAND flash industry with a share of 33.6% in 4Q15. The company’s revenue increased 4.2% quarter-over-quarter to $2.8 billion. Japan’s (EWJ) Toshiba (TOSYY) took second place with a market share of 18.6%. The company’s revenue, however, fell 11.3% to $1.5 billion in 4Q15.
SanDisk’s (SNDK) revenue rose marginally by 0.1% quarter-over-quarter to $1.3 billion, and the company currently has a market share of 15.8%. Other players in this sector are Micron Technology (MU), SK Hynix, and Intel (INTC), which saw their revenues fall 1.9%, 9.3%, and 0.2%, respectively, in 4Q15.