Suppliers are likely to downsize their capacity expansion activities for 2022, resulting in a 31.8% YoY increase in bit supply next year.
Annual bit demand, on the other hand, is projected to increase by 30.8% YoY.
YoY growth of bit supply for 2022 is projected to reach 31.8%.
TrendForce expects bit demand to increase by 30.8% YoY in 2022, which represents a slower growth compared with the increase in bit supply.
In 2022, the NAND market is projected to enter a period of price downturn, with an 18%+ decline in ASP.
While such a decline offsets the rise in bit shipment, annual NAND revenue will likely increase by 7% in 2022 – the lowest YoY growth in three years.