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RAM and SSDs Prices Soon To Go Down, Oversupply And Low Demand

by Abhishek
August 22, 2020
in News
RAM and SSDs Prices Soon To Go Down, Oversupply And Low Demand
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If you are looking to upgrade your PC then soon it might be great time. The RAM and SSD Prices are going to get down throuout 2020, also they will be continue to decline in 2021. The new report shows, about 10% prices will fall down and continue to fall in 2021.

Contents

So many firms stockpiled memory and storage due to fear of Pandemic situations. This caused the oversupply of these devices, because of this the prices are coming down. There is too much memory available but firms like Western Digital, Micron slowed down their purchasing. According to DRAMExchange,

Despite the traditional peak season for electronics sales and the release of Apple’s new iPhones in 3Q20, the quarterly decline in NAND flash ASP [average selling price] will likely reach 10 percent, due to the client end’s excess inventory under the impact of the pandemic.

DRAMExchange

Due to the Pandemic conditions, everyone did the Panic Buying. Because of that, it caused the oversupply of these memory devices. So now there’s very less demand to sell the manufactured memory devices. That is why the prices are going to get Plummeted.

So if you are looking to upgrade your PC or Laptop you can wait for few months. It will be beneficial for you. This price drop could be from 10-15% on Storage and memory devices.Also, DRam exchange stated,

Furthermore, as suppliers continue making improvements in the yield rate of 128L NAND flash, the oversupply in the NAND flash market will intensify in 4Q20, further exacerbating the decline in NAND flash ASP

DramExchange

We might get to see a lot better deals this year on these components. Like Black Friday, usual Amazon sales and even the local sales might get the prices cuts. Some companies are obviously reducing the production and supply but companies that uses flash memories are not clearing the products. This is due to economic conditions which are badly affected right now.

So if you wanna get some storage devices the best time will be coming in a few months. Look out for sales to get the best deals. If you like this type of latest news, please share it with other communities and forums. Donโ€™t forget to join our telegram group for more wallpapers, Themes, Ringtones Update โ€“ย https://getdev.me/telegramdev.

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Abhishek

Abhishek

A Mechanical Engineer, blogger, content writer, and digital marketer. A hardcore tech enthusiast. Loves to try out the new tech especially in the Android world. Apart from content writing, he loves gaming and traveling. Shoot a mail, to write your content.

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