Trending

Stories

Prices of Enterprise SSD to Rising Over 10% in Q3, Samsung to Gain

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

A report showed that prices of enterprise solid-state drives (SSDs) are likely to increase sharply in the third quarter of the year due to robust demand from server companies, boding well for top memory chip producer Samsung Electronics.

Contract prices of enterprise SSDs for the July-September period are expected to go up 10-15 percent from the previous quarter, according to the latest report from market researcher TrendForce, which revised its previous forecast of a 5-10 percent increase.

Also Read

It said the price hike will be driven by North American cloud service providers’ efforts to expand their storage capacities following inventory adjustments, while government agencies and other businesses are beefing up their IT infrastructure, reports Yonhap news agency.

A ramp-up in production from computer processor developers like Intel and Advanced Micro Devices (AMD) for server CPUs are also projected to increase demand for enterprise SSDs, TrendForce said.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

The market researcher added that such a trend will likely lead to supply leader Samsung further expanding its presence in the market.

SSD is a storage device that contains multiple NAND flash chips. Samsung is the world’s largest NAND flash maker, a non-volatile memory type.

“Samsung has a higher flexibility in supplying SSDs compared to the other suppliers because it has a higher share of in-house components for its storage products,” it said.

“Samsung’s products are expected to account for more than 50 percent of enterprise SSDs (in terms of bits) shipped to data centers in North America in 3Q21. This dominance will likely further Samsung’s ability to dictate market prices going forward,” TrendForce said.

It said Intel’s market share may decrease in the enterprise SSD sector since the US has been dealing with a power management integrated circuits shortage.

“Regarding other suppliers, including Kioxia and SK hynix, although they have been able to raise their market shares due to the gradual adoption of their products by clients, they are unlikely to catch up to Samsung for the time being,” the market researcher said.

Meanwhile, for client SSD contract prices, it predicted a 3-8 percent quarter-on-quarter increase in the third quarter, citing strong demand for notebook computers.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts