In 2024, the storage chip industry is undoubtedly experiencing a hopeful spring.

It's important to note that today, whether it's your smartphone or computer, they all rely on the support of storage chips.

With the comprehensive recovery of electronic products such as smartphones and computers, as well as the explosive growth of artificial intelligence technology, the demand for storage chips has reached an unprecedented peak.

This technological feast has not only driven up the prices of storage chips but also invigorated the entire industry.

It is said that compared to 2023, the prices of both DRAM and NAND have increased by more than 30%.

By 2024, experts predict that prices could rise by another 50%.

This is nothing short of a "price surge carnival" for storage chips.

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So, the question arises, who is smiling the most in this carnival?

Of course, it's the giants of the storage chip industry.

In particular, the two South Korean companies, Samsung and SK Hynix, are making a fortune.

Data shows that in just the first half of 2024, the operating profits of these two companies exceeded 120 billion yuan.

This means that they have not only made up for the losses from last year's storage chips but have also made a windfall profit.

This business is truly enviable!

Speaking of South Korea, its semiconductor industry cannot be overlooked.

In 2024, South Korea's semiconductor exports to China increased by 40%, with a significant portion attributed to storage chips.

It now appears that the Chinese market is becoming increasingly important for South Korea's semiconductor industry.

However, this feast is not limited to South Korea or any single country.

Market research firm Yole Group states that the global storage chip market size will surge by 82% in 2024, marking the largest growth rate in the history of the semiconductor industry.

Among them, the two main types of storage chips, DRAM and NAND, have grown by 88% and 72% respectively.

Combined, the global sales of storage chips have skyrocketed from $91.2 billion last year to $166 billion.

All of this growth is attributed to the development of artificial intelligence technology.

The demand for storage chips and high bandwidth memory (HBM) by AI has directly driven market prosperity.

Yole Group also predicts that by 2025, the global sales of storage chips will break through the $234 billion mark.

While some rejoice, others worry.

Although the global storage chip market is thriving, Chinese manufacturers are not faring well.

Currently, Korean, Japanese, and American manufacturers hold more than 90% of the global market share, while Chinese manufacturers such as ChangXin and ChangCun face tremendous competitive pressure.

Their market share is less than 5%, and they can only be considered as "drinking soup" in this feast.

Moreover, there was recent news that the United States may target HBM equipment, restricting its entry into the Chinese market.

This is undoubtedly a double blow for Chinese manufacturers.

Therefore, domestic storage chips and related equipment really need to step up their efforts.

Only by continuously breaking through technological barriers and enhancing competitiveness can they stand firm in the market.

Otherwise, watching American, Japanese, and Korean manufacturers feast while they can only sip some broth is not a pleasant experience!

It is hoped that the domestic storage chip industry can catch up and also share a slice of the cake in the future technological feast!

What are your thoughts on this?