As NAND Flash demand is predicted to recuperate in 2024, Samsung Electronics has reportedly established a devoted R&D staff for SSD in India to increase its presence and keep management within the sector.
Korean media Seoul Economic system Each dayciting business sources, reported that Samsung Semiconductor India Analysis (SSIR) fashioned a staff beneath the Reminiscence Options Staff, accountable for analysis to optimize energy effectivity and efficiency for SSDs.
Samsung has been the highest vendor within the SSD market since 2006, and the rationale why Samsung fashioned an R&D staff for SSD in India is to leverage native abilities to increase its technological management. In recent times, Samsung has collaborated with establishments such because the Indian Institute of Know-how Delhi and KLE Know-how College.
In keeping with Samsung’s official doc, it held 35% of the NAND market in 2022 and expects AI and autonomous driving to drive demand for its reminiscence enterprise as a flood of information requires a substantial quantity of reminiscence, with HBMs assembly calls for for high-density and efficiency and SSDs assembly providing low latency and quick response.
The report quoted knowledge from Omdia predicts that the worldwide SSD market will increase from US$16.69 billion in 2023 to US$38.56 billion in 2027.
Particularly since 2024, there was a sluggish however regular enhance in NAND product costs and demand, albeit not as fast as DRAM. Throughout the fourth quarter earnings name in 2023, Samsung acknowledged that with the market’s restoration, demand for server SSD merchandise continued to develop steadily, with server SSD shipments growing by roughly 50% in comparison with the fourth quarter of 2023. This development is predicted to increase into 2024 with a deal with high-end merchandise.
