If you’re in the market for a new solid state drive, you should purchase one as soon as possible, as prices are expected to rise significantly very soon.
According to info shared by DRAMeXchange, MLC NAND flash drive prices are expected to soar by up to 6-10% this quarter, while prices of drives based on TLC NAND are likely to see a rise between 6-9%. As a result of higher prices, NAND vendors have seen revenue rise by 19.6% sequentially in the third quarter.
Samsung, the global leader in the NAND flash market, saw shipments jump by 20% when compared to the previous quarter. Its quarterly revenue from NAND flash sales also saw a 20% rise for the same period compared to Q2 2016.
One of the main reasons behind the surge in demand is said to be the higher than expected adoption of SSDs in the PC-OEM market. DRAMeXchange expects the SSD adoption rate in the global notebook market to cross the 30% mark this year. By 2017-18, this number is expected to hit 50%. In addition to the PC market, there is higher demand from smartphone OEMs as well.
Things are expected to improve only by the end of next year, when most key players start 3D NAND production. Some analysts seem to think that prices of consumer SSDs may be hiked by a whopping 20-25% over the next few months.