Western Digital to raise NAND flash prices by up to 55%
Western Digital has informed customers that prices for NAND flash memory may rise by up to 55% in the coming quarters, according to industry sources. NAND flash prices have been rising sharply in the second half of 2023, and the extent of increases in the fourth quarter has been much faster than expected.
Western Digital has already notified its customers that it will raise the prices for both NAND and HDD. The notification comes as memory chip vendors continue to slash output with inventory correction in the supply chain drawing to a close.