Taiwan-based memory module maker Apacer expects the memory spot price to rise and the contract price to stabilize in the third quarter of 2023, while memory demand is expected to recover quarter by quarter in the second half, but is unlikely to enjoy a surging increase, according to company president C. K. Chang, who added that the memory industry should return on track with the resumption of memory demand from key applications including servers, PCs and smartphones in 2024.
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Memory products will remain a buyer s market in the short term as inventory levels at suppliers are still at historical highs, and prices are caught in a tug-of-war between both suppliers and customers in the second quarter of the year.