Comment by walterbell
14 hours ago
"OMEC" (Organization of Memory Exporting Countries) NAND production quotas?
https://x.com/jukanlosreve/status/1988505115339436423
Samsung Electronics has lowered its target for NAND wafer output this year to around 4.72 million sheets, about 7% down from the previous year's 5.07 million. Kioxia also adjusted its output from 4.80 million last year to 4.69 million this year.. SK hynix and Micron are likewise keeping output conservatively constrained in a bid to benefit from higher prices. SK hynix's NAND output fell about 10%, from 2.01 million sheets last year to around 1.80 million this year. Micron's situation is similar: it is maintaining production at Fab 7 in Singapore—its largest NAND production base—in the low 300,000-sheet range, keeping a conservative supply posture.
Micron has a new US fab coming online in 2027, which should improve supply.
DRAM price fixing scandal: 1998-2002, 2016-2018, https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
It’s a cartel just like the OPEC oil cartel.
Is there anything that isn't functionally a cartel at this point?
Yes, anywhere there is a race to the bottom. That is why you see cartels rise up, like unions are cartels. Things that are not cartels generally have ever diminishing margins.
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