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China’s Largest SSD Manufacturer Warns of Increased Product Prices Due to Shortages
Shenzhen-based Powev Electronic Technology, China’s largest manufacturer of memory modules and cards, as well as SSDs and other products based on DRAM and NAND chips, has warned of price increases for its entire range of products. The reason for the increase, according to the sources, is the lack of components for the production.
SSD-drives and memory modules from Powev Electronic Technology
What TrendForce analysts warned about at the beginning of February is happening. NAND memory makers slash sales of uncut wafers. Such products are as cheap as possible, and many unnamed manufacturers of SSD and memory cards purchase wafers with chips for self-cutting into chips, packaging and testing. In a similar way, for example, the Russian company GS Nanotech works.
The demand for notebook SSDs, along with many other factors, has led to the fact that the production of NAND flash memory began to lag behind demand and it is more profitable for manufacturers to sell memory as part of production, rather than separately.
Powev Electronic Technology said today that there is a shortage of DRAM and NAND memory due to the limited supply of platters and limited packaging options. The company adds that contract prices are on the rise, and accordingly prices for memory cards and solid-state drives will continue to rise. According to the forecasts of this manufacturer, the increase in prices for RAM products will last from the first to the third quarter of 2021, and the shortage for SSD products will be from the first to the second quarter of 2021.
We add, Powev Electronic Technology entered the memory module industry in 2021 and became the first and largest manufacturer in China to offer a full range of memory modules, solid state drives, various storage devices and other quality products and solutions. It also began producing SSDs based on YMTC’s fully developed and China-developed 3D NAND. Unfortunately, YMTC’s capacity is still limited so that China itself can cope with the shortage of these products.