In 2022, the prices of flash storage and memory chips will continue to decline, and the products will fall to the price of cabbage. Consumers can save a lot of money by purchasing memory and SSDs, but manufacturers are not satisfied with this situation. The upgrade is also of advanced technology will slow down.
That’s what Micron did, as it recently released its financial report for the first quarter of fiscal 2023. Its revenue of $4.09 billion was down nearly half from last year, while its The net loss was $195 million, compared with a profit of $2.3 billion in the same period last year.
For this reason, Micron has also announced a layoff plan that plans to reduce the number of employees by approximately 10% in the 2023 calendar year through a combination of voluntary layoffs and layoffs, affecting approximately 4,800 people, and at the same time suspending 2023 bonuses.
These measures are not enough, Micron also significantly reduced capital spending in 2023,The original plan was to invest $12 billion, but it has now been reduced from $7 billion to $7.5 billion, a reduction of nearly 40%.
Such cuts not only affect production capacity in 2023, but advanced technologies will also slow down,Micron CEO clarified that the company will delay the process of upgrading the memory chips to the advanced technology, and the latest 232-layer flash memory in terms of flash memory will not be introduced soon, so we have to wait and see.
Micron’s move was viewed as a negative by many netizens, because when Micron released 232-layer flash memory not long ago, it was still vigorously promoting how advanced its flash memory technology was. time.
At first, I praised how ruthless 232-layer flash memory is, but this wave of bad performance is so bad.
Of course, compared to Micron, which only delays the update of new technologies, some manufacturers are profiting from the fire——Samsung, the flash memory and memory chip leader, raised the price of 3D flash memory by 10% this month.
In the current situation of declining consumer demand, Samsung still dares to raise prices against the market, which is considered to be related to the abolition of YMTC. Some customers can only switch to other flash memory manufacturers, and Samsung has the opportunity to raise prices. prices .
