Although the price of original resources has generally remained strong since Q2 this year, the mainstream 512 Gb TLC and 1 Tb QLC wafer trade prices have slowly declined since mid-late March. Up to now, the cumulative decline in trade prices for individual wafers has fallen by nearly 20%, and the price difference between the original resource shipping price and the trade price continues to widen. Looking at the finished product side, SSDs in the industry support maintaining the current high prices due to the fact that some leading PC OEMs still have certain preparation requirements. Looking at eMMC on the other hand, since the second quarter of this year, market demand has clearly weakened, and even the slump in Q3 is more serious. High customer inventories are more cautious about the new round of preparation, and some customers have even delayed delivery; not only that, all parties in the upstream and downstream industry chains have released a large amount of previously hoarded 64GB eMMC product inventory in the spot trade market. Coupled with low individual prices in the market, storage manufacturers' shipments are generally under pressure. Prices of 32GB and 64GB eMMC products dropped slightly this week. However, as the current time is approaching September, storage vendors are seeking shipments in pursuit of performance targets, and embedded prices may continue to be adjusted. However, the rise in storage costs has led to an increase in terminal equipment prices, a decline in shipment volume, and inventory compression. In a situation where market demand is difficult to improve, even if storage manufacturers make small concessions, their willingness to boost customer procurement is limited.

Although the price of original resources has generally remained strong since Q2 this year, the mainstream 512 Gb TLC and 1 Tb QLC wafer trade prices have slowly declined since mid-late March. Up to now, the cumulative decline in trade prices for individual wafers has fallen by nearly 20%, and the price difference between the original resource shipping price and the trade price continues to widen. Looking at the finished product side, SSDs in the industry support the maintenance of current high prices due to the fact that some leading PC OEMs still have certain preparation requirements. Looking at eMMC on the other hand, since the second quarter of this year, market demand has clearly weakened, and even the slump in Q3 is more serious. High customer inventories are more cautious about the new round of preparation, and some customers have even delayed delivery; not only that, all parties in the upstream and downstream industry chains have released a large amount of previously hoarded 64GB eMMC product inventory in the spot trade market. Coupled with low individual prices in the market, storage manufacturers' shipments are generally under pressure. Prices of 32GB and 64GB eMMC products dropped slightly this week. However, as the current time is approaching September, storage vendors are seeking shipments in pursuit of performance targets, and embedded prices may continue to be adjusted. However, the rise in storage costs has led to an increase in terminal equipment prices, a decline in shipment volume, and inventory compression. In a situation where market demand is difficult to improve, even if storage manufacturers make small concessions, their willingness to boost customer procurement is limited.