存储芯片行业周度跟踪：群联称NAND原厂或将在12月减产，三星电子扩建HBM等半导体封装工厂

Investment Rating - The industry investment rating is "Overweight (Maintain)" [4] Core Viewpoints - NAND market prices have shown slight fluctuations, with potential production cuts expected in December 2024, which may lead to a supply shortage in the second half of 2025. The demand for NAND Flash is anticipated to extend into consumer and enterprise markets, which is a strong point for the company [4][19] - DRAM prices have slightly decreased, with ASML projecting a double-digit compound annual growth rate for EUV lithography spending in advanced logic and DRAM from 2025 to 2030 [4][20] - Samsung Electronics is expanding its HBM semiconductor packaging facilities, which will enhance its leadership position in the global semiconductor market [4][22] Summary by Sections 1. Weekly Price Tracking of Storage Chips - NAND prices fluctuated with an average change of 0.08% in the week of November 11-15, 2024. Out of 22 NAND products, 11 remained stable, 3 increased, and 8 decreased [4] - DRAM prices showed an average decline of 0.92% during the same week, with 2 products increasing and 16 decreasing [4] 2. Industry News - The storage market is experiencing a downturn, with significant pressure on storage brand manufacturers' profits. Many manufacturers in Taiwan reported revenue declines for two consecutive months compared to the previous year [19] - The CEO of Phison Electronics indicated that NAND manufacturers might reduce production in December 2024, which could lead to a supply shortage in 2025 [19][20] 3. Company Dynamics - Dongxin Co. is focusing on head customers across various industries while continuously exploring new markets and optimizing its product and customer structure [26] - Lianrui New Materials is capitalizing on industry opportunities, increasing the proportion of high-end products, and maintaining a good operational status [26] 4. Company Announcements - Dawi Co. has completed the repurchase and cancellation of restricted stocks, reducing its total share capital [29] - Huacheng Haike plans to acquire a 30% stake in Huawai Electronics for approximately 480 million yuan [30]