Micron issues price increase letter
International e-commerce news, Micron Technology has recently sent a price increase letter to customers.In the price increase letter, Micron Technology pointed out that recent market dynamics show that both the memory and storage markets have begun to recover and are expected to grow by 2025 and 2026. With rising demand in various fields, Micron Technology is raising prices to reflect tightening conditions.
However, the company has not yet specified the price increase.
In fact, since March, there have been rumors in the industry that Micron Technology has asked suppliers to increase the price of NAND flash memory chips by more than 10% to solve Micron's revenue and profit difficulties. So far, the industry's rumors about Micron's price increase have basically been confirmed.
Micron price increase letter
Since March, many storage giants have issued price increase letters
In addition to Micron, SanDisk and Yangtze Memory have issued price increase letters since this month.
SanDisk price increase letter
SanDisk raised NAND prices by more than 10% from April 1. The company said in the announcement that the market supply and demand is about to turn into a situation of supply exceeding demand. At the same time, changes in tariffs have also affected its supply capacity and increased operating costs.
Yangtze Memory's retail brand Zhitai will also increase the delivery price for channels from April, and the increase may exceed 10%.
In addition, Samsung and SK Hynix are also rumored to increase NAND flash memory quotations from April.
So far, major global memory chip manufacturers have been involved in this round of price increases, showing a significant change in the supply and demand relationship in the memory chip market.
