Investment Rating - The industry investment rating is "Overweight" [2] Core Viewpoints - NAND market prices have shown slight fluctuations, with an average price change of -0.18% for 22 categories of NAND particles [2] - DRAM prices have slightly decreased, with an average price change of -0.64% for 18 categories of DRAM particles [2] - The demand for high bandwidth memory (HBM) is expected to increase due to the rapid growth of generative AI and cloud services [2] - The storage industry is anticipated to experience a new demand peak in 2025, driven by significant increases in storage capacity in electronic products and potential breakthroughs in AI personal computers and smartphones [2] Summary by Sections 1. Weekly Price Tracking of Storage Chips - NAND particle prices fluctuated with a range of -2.82% to 2.82% in the last week, while DRAM prices ranged from -2.50% to 3.25% [2] - The K2 factory of Kioxia is expected to start production in the fall of 2025, which will produce the latest BiCS 8 NAND Flash [2] 2. Industry News - Market sentiment has turned bearish, leading to a decline in large-capacity embedded product prices [11] - Adata reported a significant increase in DRAM revenue, with a 27.21% year-on-year growth in the first ten months of 2024 [12] - SK Hynix plans to sample its 16-layer 48GB HBM3E in early 2025, with performance improvements over existing products [13] 3. Company Dynamics - Deep Technology emphasizes its competitive advantages in flexible manufacturing and digital integration [15] - Saiteng Co. is expanding its production capacity in Japan with a new facility [15] 4. Company Announcements - Zhaoyi Innovation has repurchased 973,200 shares, accounting for 0.1462% of its total share capital [16] - Baiwei Storage provided a guarantee of 200 million RMB for its subsidiary [16]
电子行业存储芯片周度跟踪：SK海力士16层48GBHBM3E将于2025年初送样，渠道市场价格小幅下修
Yong Xing Zheng Quan·2024-11-13 09:24