机构：2025年第一季度DRAM产业营收为270.1亿美元 预计二季度各主要应用合约价将止跌回升

Group 1 - The core viewpoint of the article indicates that the DRAM industry revenue for Q1 2025 is projected to be $27.01 billion, reflecting a 5.5% quarter-over-quarter decline due to falling contract prices for conventional DRAM and a reduction in HBM shipment scale [1] - The average selling price has been affected by Samsung's redesign of HBM3e products, which has lessened the capacity squeeze effect, leading downstream companies to deplete their inventory, resulting in continued price declines since Q4 2024 [1] - Looking ahead to Q2 2025, as PC OEMs and smartphone manufacturers complete their inventory depletion and ramp up production, there is an expected increase in bit procurement activity, significantly boosting original manufacturers' shipments [1] Group 2 - It is anticipated that contract prices for major applications will stop declining and begin to rise, with projections indicating an increase in contract prices for conventional DRAM as well as the overall contract price combining conventional DRAM and HBM [1]