Institution: Driven by the spillover effect of the popularity of QLC products, it is expected that NAND Flash prices will rise by 5-10% in Q4.

Jin10 data reported on September 25, according to Trend Force's observation, due to the consumer market demand being overdrawn in advance in the first half of the year, the peak season in the second half did not perform as expected, and the market originally generally estimated that Q4 prices would enter a consolidation phase. However, the shortage of HDD supply and long lead times have caused CSPs (Cloud Service Providers) to quickly shift storage demand to QLC Enterprise SSD, resulting in a surge of urgent orders in the short term, causing significant market fluctuations. At the same time, SanDisk was the first to announce a 10% price increase, and Micron also paused quotations due to price and capacity considerations, shifting the supply-side atmosphere from conservative to positive. Under the influence of additional spillover effects, it is estimated that the contract prices of various NAND Flash products in Q4 will rise comprehensively, with an average increase of 5-10%.