SSD Prices To Soar By Up To 25%, As Manufacturers Strive To Recover Their Lost Profits

wccftech.com:

With the SSD markets picking up the pace in consumer demand, manufacturers are all set to implement large-scale price bumps, expected to be up to a 25% increase.

The SSD Markets Are Finally Breaking Out Of Their Macro Downtrend, Large-Scale Price Hikes Necessary For Firms To Get Up & Running

With firms like Samsung and Western Digital continuously witnessing an economic downturn over the past consecutive quarters due to low demand, it seems like they are now all set to recover their profits through aggressive price increase strategies, as TrendForce reports that consumer SSDs are expected to witness a 10 to 15 percent price bump while enterprise SSDs are expected to see up to 25% price bumps over the upcoming days since manufacturers are now striving for higher profits through an increase in production amid more consumer demand. In particular, Samsung's consumer SSDs will see a sharp incline, with an expected 15% increase across their portfolio.

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Moreover, we will likely witness this price uptrend over the next upcoming quarters as well, since to reach the optimal price level, a 40% bump over the forthcoming period is necessary, which means that storage products are indeed at their best prices right now.

We are only going to see an increase from here. If you are in the markets waiting for an opportunity, this might be it since consumer SSDs, especially the highly demanding ones, will get a considerable price increase over the upcoming period, which makes the modern-day price tag a no-brainer.

However, in the long run, the price correction is indeed healthy since it would prompt companies to reach profitability, ultimately leading to growth within the sector for the future. While an average consumer might be on the downside here, we expect things to normalize soon, especially since we are also entering the consumer upgrade cycle timeline.