Gaming PC

Global 3D NAND Market Shrinks by 24.3 Percent in Q3 2022

Demand for 3D NAND memory declined in the third quarter due to softening demand for PCs and smartphones. As a result, both the average selling price (ASP) of flash memory and its bit shipments have collapsed, severely impacting the bottom line of 3D NAND manufacturers.

3D NAND makers delivered $13.71 billion worth of memory in Q3 2022, down 24.3% quarter-on-quarter. trend force (opens in new tab)This is because 3D NAND bit shipments were down 6.7% quarter-on-quarter, while average prices were down last quarter as 3D NAND manufacturers had to cut prices to make their products more attractive. This is because it decreased by 18.3% compared to the previous year.

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