JINHAOKE: NOR Flash prices will continue to rise until the third quarter

Image source: digitimes

Mc Chang, president of memory IC design plant Jinghaoke (ESMT), said that NOR Flash contract prices are expected to be flat in the first quarter of 2022 and will continue to rise until the third quarter.

According to Digitimes, MC Chang noted that the customer's inventory adjustment is coming to an end and NOR Flash prices will peak in the third quarter of 2022.

As for the reasons for the PRICE INCREASE of NOR Flash, MC Chang said, "As pure wafer foundries prioritize support for logic ICs, supply constraints will continue to maintain the price of NOR Flash this year." ”

Previously, Wu Minqiu, chairman of Wanghong, was also optimistic about the price of NOR Flash, and he believed that NOR Flash would be out of stock until 2022, and the price would also grow. In addition, there is news in the market that Wanghong plans to raise its NOR Flash quotation by 5-10% in the first quarter of 2022.

(Proofreading/Yuki)