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DRAM contract prices are likely to bottom out in the third quarter of 2023 while the NAND flash segment will reach the lowest point in the fourth quarter, according to memory module company Adata Technology.

Taiwan-based memory module maker Apacer expects the memory spot price to rise and the contract price to stabilize in the third quarter of 2023, while memory demand is expected to recover quarter by quarter in the second half, but is unlikely to enjoy a surging increase, according to company president C. K. Chang, who added that the memory industry should return on track with the resumption of memory demand from key applications including servers, PCs and smartphones in 2024.

Chinese memory module company Techwinsemi Technology plans to enhance its outsourcing business in Taiwan, looking to expand its supplier list to include flash controller vendors and backend service houses.

Memory module and SSD vendor Team Group reportedly recently landed a large-volume B2B memory module order from an international ODM, according to industry sources.