The group group emphasized that there were a lot of cheap stocks in the group, and the inventory value of more than NT$7 billion at the end of March this year (the same below) will increase to 8 billion yuan in April. It is expected that in the follow-up season, March revenue will be generated. It is clearly warming up. It is expected that April will be better. The whole quarter revenue is expected to increase compared to the first quarter, and the gross margin performance will also stabilize.
The profitability part is based on the gross profit rate performance. The industry believes that due to the strong price increase of FLASH last year, it pushed the group profit last year. However, due to the decline in FLASH prices this year, it is expected that the annual profit will be lower than last year.
In terms of market conditions, Qunlian pointed out that NAND’s original Toshiba’s view on the second quarter was positive. Last year, the market was in an imbalanced supply and demand situation and the supply situation was tight. Some customers’ orders could not be fully satisfied. This year’s output volume increased, plus 3D capacity capacity. Out, Toshiba has now reached the end of the third quarter season.
Chonghian stressed that this year's NAND market observation points are Samsung and Micron. Samsung has new production capacity this year, but its market share is not high. Second, the quotation of Micron NAND in the Chinese market will also affect market price fluctuations.
The group group emphasized that customer demand is gradually heating up, and the overall market conditions will become clearer in mid-May. In June, Apple's new machine will also be ready to be listed for shipment, which is expected to boost demand in the NAND industry.