TrendForce research shows that in the first quarter of this year, the DRAM industry’s revenue was approximately US$9.66 billion, a 21.2% decrease from the previous quarter, and it has fallen for three consecutive quarters. In terms of shipments, only Micron has increased, while the rest have declined; the average selling price of the three major OEMs has all decreased.
In terms of revenue, the revenue of the three major OEMs all declined. Samsung’s shipments fell in tandem with the average price (ASP), and its revenue was approximately US$4.17 billion, a 24.7% month-on-month decrease.
Micron rose to second place in the first quarter, mainly because the financial report range was earlier than other original manufacturers. Therefore, it benefited from the shipment orders at the end of last year. It is the only manufacturer among all original manufacturers whose shipments are growing. Revenue was US$2.72 billion, a decrease of 3.8% from the previous month.
SK Hynix’s shipments and ASP both fell by more than 15% in the first quarter, and the revenue decline was the highest at 31.7%, approximately US$2.31 billion.
Analysts pointed out that due to the rapid decline in ASP, the Q1 operating profit margins of the three major OEMs have turned from positive to negative. At the same time, DRAM prices continued to decline. In terms of production capacity planning, the three major original manufacturers have already started to reduce production. The utilization rates of Samsung, Micron, and SK Hynix in the second quarter dropped to 77%, 74%, and 82%, respectively.
It is noticed that not only large factories are suffering from cold weather, but small factories such as Nanya, Winbond and PSMC also experienced a certain degree of decline in performance, and their revenue in the first quarter decreased by 16.7% respectively. %, 8.8%, 12.3%.
