TrendForce states that spot prices stayed high in 1H18, even surpassing contract prices by over 20 percent. Despite rising inventory levels and price decreases in 2H18, the report indicates module manufacturers were still able to generate plenty of revenue and profit. Some of the prominent trends and growth drivers the market is witnessing include the growing popularity of online media streaming, recent technological developments in IoT, and the shift to data center and Cloud computing services.
“While Kingston considers TrendForce’s estimates overly generous, it nonetheless follows the trajectory of the company’s growth in all of its business segments,” said Mike Mohney, DRAM business manager, Kingston. “In 2018, we were able to produce over 14 trillion MBs of memory across all product lines including DRAM, SSDs and embedded solutions. This massive amount, tremendous good fortune, and the findings from TrendForce reinforces our company’s strength, position and importance as a whole in the industry.”