NAND type flash memory price will fall next year
- Author:Queena
- Release Date:2017-12-01
Morgan Stanley (Morgan Stanley) warning for next year, in addition to downgrade TSMC (2330) rating of attention, memory chip industry outlook next year for Morgan Stanley to conservative, NAND type flash memory price is expected to decline of the year, also think in the first three months of 2018, after the DRAM of supply and demand of visibility.
A new report by Morgan Stanley; Taiwan's ADR lost 4.42 percent to $41.09 on Monday. Micron Technology Inc. (Inc., Inc.) fell 3.28 percent to close at $48.05, while shares were also pulled back from a record high.
For memory industry afternoon, Morgan Stanley points out, NAND type flash memory price at the beginning of the fourth quarter of 2017 inversion, afternoon downside risk increases, at the same time, after the first three months of 2018 DRAM visibility of supply and demand have also been reduced.
Morgan Stanley says the memory chip profit is unlikely to grow significantly, reducing the investment rating of Samsung Electronics Co Ltd from "overweight" to "neutral" and 3.4 percent below the target price.
Morgan Stanley will also be made giant Western Digital hard drive mechanism Corporation (WDC) from "overweight" investment rating to "neutral", NAND type Flash memory price is expected to peak, estimated in the first three months of 2018 NAND Flash quote May 7-15% decline.
Terms of market, NAND Flash the shortage during the first half of next year is expected to ease, mainly manufacturers samsung, Toshiba, SK hynix, meguiar's, etc. In the second half of this year to speed up the 3 d NAND capacity and technical transformation, yield continued ascension, as capacity after next year, the supply and demand will be balanced.
As for DRAM, the fourth quarter of this year is still out of stock, and South Asia (2408) is expected to make a bid for the first quarter of next year.
However, next year, at the leading plant, samsung may expand capacity and the supply of DRAM in 2018 is uncertain.
A new report by Morgan Stanley; Taiwan's ADR lost 4.42 percent to $41.09 on Monday. Micron Technology Inc. (Inc., Inc.) fell 3.28 percent to close at $48.05, while shares were also pulled back from a record high.
For memory industry afternoon, Morgan Stanley points out, NAND type flash memory price at the beginning of the fourth quarter of 2017 inversion, afternoon downside risk increases, at the same time, after the first three months of 2018 DRAM visibility of supply and demand have also been reduced.
Morgan Stanley says the memory chip profit is unlikely to grow significantly, reducing the investment rating of Samsung Electronics Co Ltd from "overweight" to "neutral" and 3.4 percent below the target price.
Morgan Stanley will also be made giant Western Digital hard drive mechanism Corporation (WDC) from "overweight" investment rating to "neutral", NAND type Flash memory price is expected to peak, estimated in the first three months of 2018 NAND Flash quote May 7-15% decline.
Terms of market, NAND Flash the shortage during the first half of next year is expected to ease, mainly manufacturers samsung, Toshiba, SK hynix, meguiar's, etc. In the second half of this year to speed up the 3 d NAND capacity and technical transformation, yield continued ascension, as capacity after next year, the supply and demand will be balanced.
As for DRAM, the fourth quarter of this year is still out of stock, and South Asia (2408) is expected to make a bid for the first quarter of next year.
However, next year, at the leading plant, samsung may expand capacity and the supply of DRAM in 2018 is uncertain.