NAND flash revenue surged over 20% in 2Q25 August 28, 2025 TrendForce’s latest investigations reveal that the NAND Flash industry posted solid growth in 2Q25 despite slight declines in ASP.
Inventory weighs on Top 5 enterprise SSD vendors in 1Q25 June 19, 2025 TrendForce’s latest investigations reveal that several negative factors weighed on the enterprise SSD market in the first quarter of 2025. These include production challenges for next-gen AI systems and persistent inventory overhang in North America.
Weak demand pushes 4Q24 NAND revenue down 6.2% March 05, 2025 TrendForce’s reports that the NAND Flash market faced downward pressure in 4Q24 as PC and smartphone manufacturers continued inventory clearance efforts, leading to significant supply chain adjustments.
More pain to come for NAND Flash manufacturers? January 24, 2025 Industry continues belt-tightening in bid to balance market in 2025
NAND flash manufacturers to cut production in 2025 January 22, 2025 The NAND Flash industry will continue to struggle with weak demand and oversupply in 2025, according to TrendForce. To address this, manufacturers like Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm plan to cut production, which could lead to further industry consolidation over time.
The memory market: supply, demand, and geopolitical influences in 2025 December 30, 2024 As we head into 2025, the DRAM memory market is bracing for significant turbulence. With price erosion projected across multiple sectors and a shift in production dynamics, it’s clear that the landscape will look vastly different by the second half of 2025.
Enterprise SSD demand soars while consumer orders lag November 28, 2024 TrendForce’s latest findings have shown that the NAND Flash industry recorded a 2% QoQ decline in bit shipments in 3Q24, but a 7% rise in ASP boosted overall revenue to USD 17.6 billion—making a 4.8% QoQ increase.
Semiconductor growth slows down in 2025 November 26, 2024 The semiconductor market reached USD 166 billion in 3Q24, a 10.7% growth from 2Q24, according to the World Semiconductor Trade Statistics (WSTS). This marks the strongest QoQ growth since 3Q16 when growth hit 11.6%. On a YoY basis, the market grew by 23.2% in 3Q24, the highest since 4Q21's 28.3%.
Kioxia plans December IPO as Samsung widens lead November 08, 2024 Bain Capital-backed Kioxia may use a new method for listing at the Tokyo Stock Exchange to speed up its IPO, which has been delayed in the past.
Memory chipmaker Kioxia scraps October IPO plan September 27, 2024 Bain Capital, which holds a 56% stake in Kioxia along with SK hynix, had been targeting a market value of 1.5 trillion yen (USD 10.39 billion) for Kioxia.
NAND Flash shipments growth slows in 2Q24 September 10, 2024 TrendForce reports that NAND Flash prices continued to rise in 2Q24 as server inventory adjustments neared completion and AI spurred demand for high-capacity storage products. However, high inventory levels among PC and smartphone buyers led to a 1% QoQ decline in NAND Flash bit shipments.
Bain planning $500 million IPO for Japanese chipmaker Kioxia August 23, 2024 The flash memory company has filed for an October IPO and is expected to garner a valuation of over 1.5 trillion yen (USD 10.3 billion).
Japanese chip firms could invest $31 billion by 2029 July 10, 2024 Major firms such as Sony Group and Mitsubishi Electric are planning to spend USD 31 billion in CAPEX this decade to boost production of power devices and image sensors, says a Nikkei report.
Record volume of IC wafer capacity coming online in 2025 June 06, 2024 A record volume of IC wafer capacity is set to come online in 2025, according to the latest Global Wafer Capacity 2024 report from Knometa Research. This surge in capacity comes amidst challenging global economic conditions and a recovering semiconductor market, which began showing signs of improvement in late 2023.
Samsung slipped to third place in global top 20 April 18, 2024 According to Omdia's latest report the semiconductor industry experienced a downturn in the market, with 2023 revenues slipping 9% to USD 544 billion compared to 2022. This decline however follows two years of record growth – which only serves to illustrate the cyclical nature of the industry.
Rapidus to receive $3.9bn in government subsidies April 05, 2024 The Japanese government has pledged up to $3.9bn to help domestic chip maker Rapidus to better compete in the advanced semiconductor space.
Q2 NAND flash contract prices expected to rise by 13–18% March 28, 2024 TrendForce projects a strong 13–18% increase in Q2 NAND Flash contract prices, with enterprise SSDs expected to rise highest. Despite Kioxia and WDC boosting their production capacity utilization rates from Q1 this year, other suppliers have kept their production strategies conservative.
Kioxia and WD increase capacity utilisation March 19, 2024 The anticipation of NAND Flash price hikes into Q2 has motivated certain suppliers to minimise losses and lower costs in hopes of returning to profitability this year. Kioxia and WD led the charge from March, boosting their capacity utilisation rates to nearly 90%—a move not widely adopted by their competitors, reports TrendForce.
NAND Flash industry revenue grows 24.5% in Q423 March 06, 2024 TrendForce reports a substantial 24.5% QoQ increase in NAND Flash industry revenue, hitting USD 11.49 billion in 4Q23.
Japan to spend $300m on public sector chip R&D centre February 09, 2024 Japan's Ministry of Economy, Trade and Industry (METI) has approved a huge grant to support the country's Leading-edge Semiconductor Technology Center (LSTC).
Japanese government gifts $1bn to Kioxia and Western Digital February 07, 2024 The Japanese Ministry of Economy, Trade and Industry has said it will give Kioxia and Western Digital USD 1 billion to boost memory production.
NAND Flash industry revenue grows 2.9% in 3Q23 December 05, 2023 TrendForce reports a pivotal shift in the NAND Flash market for 3Q23, primarily driven by Samsung’s strategic decision to reduce production.
The memory rollercoaster ride November 08, 2023 The semiconductor industry and especially the semiconductor memory business is not for the faint of heart. The volatility that you regularly see in this market is unmatched by any other industry.
Western Digital to split into two companies October 30, 2023 Western Digital Corp. says that it is looking to split itself into two companies, separating its HDD and Flash businesses.
Kioxia and Western Digital calls off merger talks October 26, 2023 The negotiations to create a memory giant by merging Western Digital's semiconductor memory business and Japan's Kioxia Holdings have been called off, according to Nikkei.
Q2 NAND flash revenue up 7.4% September 14, 2023 TrendForce’s latest research paints a vivid picture: Q2 saw the NAND Flash market still grappling with lackluster demand and being significantly outpaced by supply. The ASP of NAND Flash also took a hit, tumbling 10–15%.
Suppliers hike wafer contract prices August 31, 2023 Recently, the spot market for NAND Flash chips has seen a rise in active price inquiries for certain products, a movement driven by successful increases in wafer contract prices.
Powerchip targets Japanese JV to boost chip production July 24, 2023 Taiwan chipmaker Powerchip Semiconductor Manufacturing says it wants to set up a new JV in Japan, which it will list in 'five to seven years'.
Slump in both volume and price leads to enterprise SSD revenue falling by nearly half June 06, 2023 TrendForce reports that an amalgamation of off-season effects and high inflation caused a slump in purchasing enthusiasm in markets like North American server ODM and China. This led to a surge in Q1 inventory levels for enterprise SSD suppliers, contrary to the anticipated reduction.
Kioxia starts operation at two new R&D facilities June 01, 2023 Kioxia has officially started operation at two new R&D facilities — its flagship building at the Yokohama Technology Campus and the Shin-Koyasu Technology Front — strengthening the company’s R&D capabilities in flash memory and SSDs.
Total NAND Flash revenue falls 16.1% in 1Q23 June 01, 2023 TrendForce’s recent analysis reveals that purchasing momentum in the NAND Flash market has decelerated during 1Q23.
Adeia signs long-term patent license deal with Kioxia April 04, 2023 flash memory and solid-state drive specialist Kioxia Corporation entered into a long-term agreement to license Adeia’s semiconductor patent portfolio, including those relating to hybrid bonding.