International 3D NAND Market Shrinks by 24.3 P.c in Q3 2022

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Demand for 3D NAND reminiscence dropped within the third quarter resulting from softening demand for PCs and smartphones. In consequence, each common promoting costs (ASPs) of flash reminiscence and its bit shipments collapsed, which severely affected the income of 3D NAND makers.

Makers of 3D NAND provided $13.71 billion price of reminiscence in Q3 2022, a drop of 24.3% quarter-over-quarter, in accordance with a report by TrendForce (opens in new tab). It’s because volumes that 3D NAND bit shipments declined by 6.7% sequentially, whereas common costs fell by 18.3% QoQ as 3D NAND makers needed to scale back costs to make their merchandise extra interesting.

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