14 DAY TRIAL // It's always great to hear that things are getting cheaper, even when it's due to factors that product makers might not necessarily appreciate.
In the first half of January, the first two weeks of 2014 as it were, DRAMeXchange noticed a decrease in the prices of NAND Flash chips.
NAND is a storage technology used to make flash drives, memory cards, solid-state drives, etc.
According to the analyst, their prices went down 3-5%, and are set to decline by a cumulative 15-20% this quarter (January-March 2013).
Mostly it's because vendors and product makers already have high inventories of chips, so they aren't making new orders. It's a classic case of oversupply.
The gap between the supply and demand will be of around 4-5% by the end of March, which makes the projected 20% price drop a bit far-fetched, but not impossible.