A stronger price drop took place at the NAND flash spot market last week (August 16-20) amid inventory clearance among memory module houses.
The spot price of 32Gb multi-level cell (MLC) NAND flash dropped 4% to US$6 and 16Gb held flat at US$4.75 as of the noon session of August 20.
Amid slow demand in the channels, more memory module makers have cleared their high-density flash chip inventories by releasing more to channels. Some memory module makers have accumulated inventory for more than six weeks, the firm added.
NAND flash spot price trends will continue heading south through mid-September. Stronger downside pressure may arise in late August as some vendors are expected to release more chips to channels prior to their quarter end. But a mild price bounce may take place as some traders may restock more inventory prior to the holidays in early October in the Greater China area.
Similar sentiment was seen at the DRAM spot market too. More traders have cleared their inventory to channels, thus further weighing on pricing.
As of the noon session of August 20, the price of 1Gb DDR2 had dropped 3% to US$2.09 and DDR3 dropped 1% to US$2.19.