手机厂商暂缓采购存储芯片，DRAM库存低于三周

Core Viewpoint - Multiple smartphone manufacturers have paused their procurement of storage chips due to soaring prices, with some facing DRAM inventory levels below three weeks, while the demand from data centers driven by AI models is pushing prices higher [1][2]. Group 1: Market Dynamics - Smartphone manufacturers like Xiaomi, OPPO, and vivo are experiencing low inventory levels, with DRAM stocks generally under two months and some below three weeks [1]. - The price increase for storage chips is driven by a surge in demand from data centers, which are willing to pay over 30% more than smartphone manufacturers for the same products [1][2]. - Major storage manufacturers, including Samsung and SK Hynix, have reduced their NAND flash supply in the second half of the year to drive prices up [1][2]. Group 2: Production Adjustments - Samsung has lowered its NAND wafer production target for the year from 5.07 million to 4.72 million, while Kioxia and SK Hynix have also reduced their production targets [2]. - The shift towards quad-level cell (QLC) technology due to AI demand is contributing to the decline in NAND flash production [2]. - Panic buying among North American tech companies has led to some suppliers having their NAND supply for next year fully booked [2]. Group 3: Impact on Smartphone Industry - The rising prices of storage chips are causing uncertainty among smartphone manufacturers regarding whether to reduce specifications or increase prices [3]. - Companies like SMIC have reported cautious procurement behavior in the mobile and networking sectors due to supply shortages and price hikes [3]. - The current inventory levels of major manufacturers are nearing depletion, indicating limited room for price reductions [3]. Group 4: Future Outlook - Even if manufacturers choose to increase production, it will take one to two years to meet current market demand [4]. - The prevailing strategy among major manufacturers is to reduce production to maximize profits, suggesting that storage chip prices may continue to rise in the first half of next year [5].