Semiconductor market news(Jun. 24 to Jun. 30)丨Samsung Reportedly to Raise Memory Price by 15-20% in Q3; NAND Flash Giant Kioxia Reportedly Plans IPO by Late October…

01. Samsung Reportedly to Raise Memory Price by 15-20% in Q3

    According to a report from South Korean media Maeil Business Newspaper, Samsung Electronics plans to raise prices for server DRAM and enterprise NAND flash by 15% to 20% in the third quarter due to surging demand for artificial intelligence (AI). This move is expected to improve the company’s performance in the second half of the year, while boosting momentum for some Taiwanese companies like Nanya Technology, ADATA, TeamGroup and Transcend in the coming quarters.

    02. South Korea's exports to rise for ninth month on chip, US demand

      South Korea's exports increased for the ninth consecutive month in June, driven by strong semiconductor sales to the U.S., despite fewer working days impacting the growth rate. Semiconductor shipments surged by 50.2%, with the U.S. accounting for about 20% of South Korea's total exports. The country’s trade balance is expected to show a surplus for the 13th straight month. Full trade figures will be released on July 1.

      03. NAND Flash Giant Kioxia Reportedly Plans IPO by Late October

        According to a Reuters report on June 26th citing sources, with semiconductor market conditions rebounding and financial performance rapidly improving, NAND flash leader Kioxia is reportedly gearing up to file a preliminary application soon and aims to debut on the Tokyo Stock Exchange (TSE) through an initial public offering (IPO) by late October.

        04. H3C partners with Foxconn on Malaysia data center investment amid Tsinghua Unigroup further acquisition

          H3C Technologies, owned by Tsinghua Unigroup and HPE, recently announced that it will collaborate with Foxconn to establish its first overseas factory in Malaysia.

          The Malaysian factory is set to begin production in September 2024, before setting up facilities in the US, Mexico, and Europe over the next 2-3 years. Yingtao Yu, President and CEO of the H3C Group, announced this development during the 2024 Zhejiang-Taiwan Cooperation Week.

          05. Leadtek raises NT$669 million via private placement

            Leadtek Research, a graphics card supplier, has raised an additional NT$669 million (US$21.4 million) in capital through a private placement, garnering investment from Ablecom and Compuware Technology, both having close ties with server maker Supermicro.

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