{"id":1516,"date":"2024-04-11T15:42:17","date_gmt":"2024-04-11T07:42:17","guid":{"rendered":"https:\/\/depend-ele.com\/?p=1516"},"modified":"2024-04-11T15:42:20","modified_gmt":"2024-04-11T07:42:20","slug":"memory-chip-market-insight","status":"publish","type":"post","link":"https:\/\/depend-ele.com\/zh\/memory-chip-market-insight\/","title":{"rendered":"Memory Chip Market Insight"},"content":{"rendered":"\n

1 Main DRAM and NAND Flash Product Overview<\/mark><\/strong><\/p>\n\n\n\n

1.1 Memory Industry Overview<\/mark><\/strong><\/p>\n\n\n\n

Storage is the second largest sub-segment in the semiconductor market. The global storage market size in 2022\/2021\/2020 was $155.5\/153.4\/117.5 billion, accounting for 28%\/28%\/27% of the semiconductor market size, respectively.<\/p>\n\n\n\n

Exhibit 1: Proportion of Memory\u00a0ICs in Integrated Circuits and Semiconductors from 2020 to 2024<\/mark><\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

1.2\u00a0Product Classification<\/mark><\/strong><\/p>\n\n\n\n

Exhibit 2: Semiconductor Memory Segment Products<\/mark><\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Memory ICs mainly consist of DRAM and NAND Flash products, with a market share exceeding 95%. The primary three markets for these products are smartphones, servers, and PCs. DRAM accounts for 39%, 34%, and 13% of the market share in these respective markets, while NAND Flash accounts for 37%, 18%, and 28% of the market share.<\/p>\n\n\n\n

1.3\u00a0Main Manufacturer<\/mark><\/strong><\/p>\n\n\n\n

The memory chip industry is dominated by Korean and American manufacturers. Among the top-tier storage IC manufacturers are Samsung, Micron, SK Hynix, Kioxia, WD, Nanya Technology, and Huabang Technology. Looking at market share, Samsung leads the DRAM category with a 40% share, followed by SK Hynix and Micron at 29% and 22%, respectively. These three companies collectively control more than 90% of the DRAM market, essentially monopolizing it. Similarly, in the global NAND Flash market, Samsung remains the leader with over 30% market share.<\/p>\n\n\n\n

At a technical level, Samsung Electronics, SK Hynix, and Micron are heavily investing in research and development for 10nm process DRAM, including fourth-generation (1\u03b1 nm) and fifth-generation (1\u03b2 nm) versions. This investment aims to produce high-end memory products such as HBM, DDR5, and low-power LPDDR5.<\/p>\n\n\n\n

Regarding process node development, the three DRAM giants progressed from the 1X stage (16nm-19nm) in 2016-2017 to the 1Y stage (14nm-16nm) in 2018-2019, and then to the 1Z stage (12nm-14nm) in 2020. Over the past few years, they have advanced further to 1\u03b1\u00a0(about 13nm), 1\u03b2\u00a0(10nm-12nm), and 1Y (about 10nm, an enhanced version of 1\u03b2) process technologies. Compared to 1\u03b1, the 1\u03b2\u00a0process improves energy efficiency by approximately 15% and memory density by more than 35% at a 16Gbit capacity.<\/p>\n\n\n\n

2 Supply Side: DRAM and NAND Flash Key Index<\/mark><\/strong><\/p>\n\n\n\n

2.1\u00a0Price Trend<\/mark><\/strong><\/p>\n\n\n\n

As of the end of September 2023 (23Q4), DRAM prices had hit their lowest point and started to rebound. By the end of February 2024, the main DRAM product series, DDR4, showed a noticeable growth trend.<\/p>\n\n\n\n

Exhibit 3: DDR4\u00a0Product Price and Trend<\/mark><\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Entering March 2024, DRAM prices have entered a consolidation period due to the limited demand from end-users, resulting in restrained price increases. Nevertheless, based on the ongoing efforts by suppliers to control supply and support prices, the overall trend of price increases is expected to remain stable.<\/p>\n\n\n\n

Exhibit 4: DRAM\u00a0Main Product Price Trend ($)<\/mark><\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

NAND Flash spot prices have been steadily rising, primarily starting from 23Q4 onwards. Taking the example of a 256 GB\u00a032Gx8 MLC module, the spot price hit its lowest point in July 2023 at $11.15. Since then, it has been gradually increasing until March 4, 2024, when it reached $11.48, showing a slight upward trend.<\/p>\n\n\n\n

Exhibit 5: NAND Flash\u00a0Main Product Price Trend ($)<\/mark><\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

In early and mid-March of this year, the overall spot price movement for NAND Flash was more favorable than for DRAM. Towards late March, both NAND Flash and DRAM experienced a slight decline in prices due to weak end-user demand, marking a phased adjustment. However, overall, prices for both NAND Flash and DRAM are expected to steadily rise throughout 2024.<\/p>\n\n\n\n

According to forecasts from the World Semiconductor Trade Statistics (WSTS), the memory chip market is projected to grow by 44.8% year-on-year in 2024, reaching a market size similar to that of 2022 at $130 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"The downstream demand for DRAM and NAND is below expectations for the second quarter of 2024, which may lead to a phase of price adjustment.","protected":false},"author":3,"featured_media":1523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[9],"tags":[236,321,314],"class_list":["post-1516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-trends-insights","tag-depend","tag-insight","tag-market"],"_links":{"self":[{"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/posts\/1516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/comments?post=1516"}],"version-history":[{"count":1,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/posts\/1516\/revisions"}],"predecessor-version":[{"id":1524,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/posts\/1516\/revisions\/1524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/media\/1523"}],"wp:attachment":[{"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/media?parent=1516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/categories?post=1516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/depend-ele.com\/zh\/wp-json\/wp\/v2\/tags?post=1516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}