Since the formation of the DRAM industry oligopoly last year, the memory market has profited across the board. Even SK Hynix, with production at its Wuxi fabrication plant recovering gradually in the first quarter, has not experienced a decrease in profitability...
In review of the NAND flash market in the first quarter, although output only increased by 6.1% QoQ, weak demand due to seasonality resulted in market oversupply. Average NAND flash contract price fell by 18-20% QoQ, while NAND flash suppliers’ revenue and operating margins also decreased compared to the fourth quarter of 2013...