This paper consists of electronic components encyclopedia share, TrendForce memory storage study (DRAMeXchange) said that the first quarter of this year, in addition to being the traditional off-season factors, the smart phone and server OEM from the beginning of the fourth quarter of last year due to weak demand will begin to adjust inventories, further so that the performance of the product unit shipments showed a decline, resulting in an overall NAND Flash contract price decline since the first quarter of last year came the most dramatic season. DRAMeXchange report shows that the first quarter of 2019, eMMC / UFS, ClientSSD and Enterprise SSD contract prices were down 15 - 20%, 17--31 and 26--32% percent, although the contract price convergence in TLCWafer products decline but still amounted to 19--28% quarterly decline.
Regarding the second quarter of this year, though, including smart phones, laptops and servers will be the main demand has gone up, but this is still not enough to offset DRAMeXchange forecast inventory pressures, suppliers before the inventory pressure is not eliminated, can not stop the contract price go down trend.
Samsung Electronics (Samsung)
In other suppliers subject to the effects of off-season in the first quarter, and customer inventory to the emergence of unit shipments recession, Samsung can maintain growth of around 5% of the units in the first quarter, mainly from the first quarter in the high-capacity UFS sales higher than originally expected, as well as high-capacity client
The proportion of shipments of SSD fared better. In addition, Samsung's first-quarter sales increased strength in Wafer market, although so that unit shipments growth, resulting in an average sales price fell to around 25% in the first quarter revenue came to $ 3.229 billion from the previous quarter decline 25 %.
SK Hynix (SK Hynix)
The strong impact of the smart phone market shipments decline, although the average capacity shipped grew slightly, still not enough to offset the negative impact. Other products, SSD shipments also synchronize go bad, however, by increasing the proportion of sales to market Wafer, making the overall shipments to decline slightly astringent quarter by 6%, but the average sales price fell 32% in the first quarter NAND Flash revenue decline 35.5% to $ 1.023 billion.
Toshiba storage (Toshiba)
Also subject to the impact of the traditional off-season, coupled with Apple's smartphone customers, including inventory adjustment period is still, shipments were weak, even though there are modular plant to help ship strength, its unit shipments last quarter was still somewhat recession, product prices are subject to various effects of diving, the average selling price is showing about 20% quarter decline, the overall revenue of $ 2.18 billion, quarter by 20.2%.
WD (Western Digital)
Although the first quarter being traditionally the low season and the high inventory impact downstream, resulting in shipments tend weak, but overall sales performance was not too far from Witten expected. Western Digital to stimulate sales, and its customers have further bargaining, also resulting in an average sales price compared with its deep decline expected after Chinese New Year, decline rate of 22%. As the price elasticity further stimulate demand, making the unit shipment decline only about 5%, better than expected, the overall revenue of $ 1.61 billion, quarter by 25.9%.
Micron (Micron)
Despite the impact of the traditional off-season and customer consolidation needs, financial performance Micron compared to other vendors outstanding performance, overall revenue only quarter decline 18.5% to $ 1.776 billion, in addition to the differences in the period's earnings, with the previously SATA interface Enterprise SSD the success Micron to drive customer gradually into the 64-layer 3D NAND PCIe SSD products, products already launched layer 96 client SSD products for PC OEM customers to help reduce its proportion of sales of Wafer aspects of policy, the first In conclusion quarter, the average selling price decline of nearly 25% of the performance aspects, unit sales still grew 8 - 10%.
Intel (Intel)
Since the first quarter of the suppliers at preferential prices hope to compete for Enterprise SSD market, the impact of Intel's average selling price due, presents more than 20% of the quarterly decline, but customers continue to benefit from the transfer of server hard disk needs to SSD, carrying capacity and continued growth in unit sales performance is still more than 10% growth, quarter revenue came to $ 915 million, decline of 17.3% from the previous quarter. Also in the DRAM, the DRAMeXchange said that as market transactions in the doldrums, supplier inventory levels continued to climb, mainstream 8GB modules in April the average price has fallen to $ 34, in May and June prices threatens to further lower, and the first will not improve in the second quarter, DRAM price decline in the second quarter will be close to 25%.
Intel Corporation (Intel Corporation) (NASDAQ: INTC, SEHK: 4335), headquartered in California, engineering technology department and sales department and six chip manufacturing plant is located in Portland, Oregon. Intel founder Robert Noyce (Robert Noyce) and Gordon Moore (Gordon Moore) had hoped that their new company's name is a combination of two names --Moore Noyce, but when they go and Industry Bureau registered, but I found that the name has been the first to register a chain hotel. A last resort, they took the abbreviation "Integrated Electronics (integrated electronics)" two words for the company name. The current CEO is Brian 科兹安尼克 (Brian Krzanich).
These are the TrendForce: NAND Flash demand recovery can not withstand the pressure on the stock, we want to help.