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The NAND Market Faces Further Decline in 2025

The NAND market experienced a significant revenue loss of 6.2% in Q4 2024, driven primarily by weak consumer demand, according to the latest TrendForce report. This decline is expected to persist into Q1 2025, with forecasted revenues projected to drop by a further 20%. The weakening trend in NAND flash shipments and ASPs, which dropped by 4% quarter-over-quarter, reflects the impact of excess inventory on manufacturers.

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