Asia and Global Semiconductor and Tech Research

Andrew Lu

Former Head of Asia ex-Japan Semiconductor and TFT-LCD/Touch Research at Barclays and Citi Bank, Former Head of Technology at 國金證券

Micron Guided Another Blowout Quarter; What Will Investors Do on the Good News

Phison Chairman Expects NAND Price Correction in 2Q17 and Not Ruling Out to Invest Toshiba Memory

Quick Analysis of US$ Depreciation Impacts to Top 20 Market Cap Taiwan Tech Vendors

Memory Spot Unlikely Goes up Further; Focusing on Contract Price Stability After Micron's Raise

What if DRAM and NAND Spot Prices Are Falling?

Reasons Why DRAM Price Might Be Better than NAND in 2017

Equity Bottom-Up

<h2>Summary</h2><ul>
<li><em><strong>22% vs. 20%: </strong>Avril expects 2017 DRAM demand bit growth of 22% y/y, outpacing supply 's 20% y/y. Slower bit growth of 20% y/y for 2017 and likely for next few years is due to more difficult in technology migration to 18nm and below by vendors to boost DRAM density.</em></li>
<li>
<em><strong>28-30% bit demand growth from Server and 35% y/y from smartphone markets</strong>: Avril attributed DRAM demand bit growth of 22% y/y largely to contents per box increase from the server market of 28-30% y/y and smartphone market of 35%</em>…</li>
</ul>

Summary
22% vs. 20%: Avril expects 2017 DRAM demand bit growth of 22% y/y, outpacing supply 's 20% y/y. Slower bit growth of 20% y/y for 2017 and likely for next few years is due to more difficult in technology migration to 18nm and below by vendors to boost DRAM density.

28-30% bit demand growth from Server and 35% y/y from smartphone markets: Avril attributed DRAM demand bit growth of 22% y/y largely to contents per box increase from the server market of 28-30% y/y and smartphone market of 35%…


DRAM市場展望に関するDRAMexchange/Trendforceとのインタビュー

Micron Technology

DRAM市場展望に関するDRAMexchange/Trendforceとのインタビュー