Connect the Dots: Designing for Reality—Routing, Final Fab, and QC
Target Condition: ‘Boomer to Zoomer: Do You Copy?’
Elementary, Mr. Watson From Classroom to Career—Bridging the Gap in PCB Design Talent
Weak Consumer Market Dampens Enterprise SSD Price Growth, 4Q24 Supplier Revenue Declines 0.5%
March 7, 2025 | TrendForceEstimated reading time: 1 minute
TrendForce’s latest research shows that 4Q24 enterprise SSD demand remained stable compared to the previous quarter, driven by the arrival of NVIDIA H-series products and continued procurement from large CSPs in China. However, contract prices stagnated due to weakness in the consumer electronics market, ultimately keeping levels at Q3 levels. Consequently, enterprise SSD revenue for major suppliers totaled US$7.34 billion, marking a slight 0.5% QoQ decline.
Looking ahead to 1Q25, while demand for 4TB and 8TB enterprise SSDs continues to benefit from AI training workloads, overall procurement growth remains constrained by season demand slowdowns. Additionally, an oversupply persists in the market, with some suppliers aggressively clearing 16 TB and 30 TB SSD inventory. This is expected to result in a significant contract price decline of 18 – 23%, with enterprise SSD revenue projected to drop by nearly 30%. Market conditions are expected to gradually improve in the second half of 2025.
Samsung retained the top market share but experienced a near 10% revenue decline in 4Q24, totaling $2.9 billion. Capacity adjustments fell short despite stronger-than-expected order growth, causing delays in order fulfillment.
SK Group (including SK hynix and Solidigm) secured the second position, with enterprise SSD revenue rising 11.8% QoQ to $2.3 billion. The synergies from Solidigms’ integration are becoming evident, and mass production of SK TLC-based PCIe 5.0 SSDs is expected to further boost market share.
Micron maintained revenue levels from the previous quarter, reaching $1.17 billion and holding a 16% market share. Despite slower demand for 30 TB SSDs, the company continued to expand its server customer base, ensuring stable performance.
Kioxia capitalized on growing partnerships with North American CSPs, aggressively expanding enterprise SSD shipments. Consequently, Q4 revenue increased 13.8% QoQ to $724 million, securing the fourth position. Western Digital/SanDisk struggled due to lackluster demand for high-capacity products, generating only $245 million in revenue for 4Q24, ranking fifth.
Share on:
Suggested Items
Akrometrix LLC Reports a Record Year of Revenue for 2024
03/04/2025 | Akrometrix LLCAkrometrix, the global leader in Thermal Warpage Metrology, announces financial results for the full year 2024.
Weak Consumer Electronics Demand Drives 4Q24 NAND Flash Revenue Down 6.2% QoQ
03/03/2025 | TrendForceTrendForce’s latest research reveals that the NAND Flash market faced downward pressure in 4Q24 as PC and smartphone manufacturers continued inventory clearance efforts, leading to significant supply chain adjustments.
Hana Microelectronics Reports 2024 Financial Results
02/28/2025 | Hana Microelectronics GroupSales Revenue: Decreased by 5% year-over-year to THB 24,801 million in 2024, down from THB 26,152 million in 2023. In USD terms, sales revenue decreased by 6% to USD 703 million in 2024, compared to USD 751 million in 2023.
Server DRAM and HBM Continue to Drive Growth, 4Q24 DRAM Industry Revenue Increases by 9.9% QoQ
02/28/2025 | TrendForceTrendForce’s latest research reveals that global DRAM industry revenue surpassed US$28 billion in 4Q24, marking a 9.9% QoQ increase. This growth was primarily driven by rising contract prices for server DDR5 and concentrated shipments of HBM, leading to continued revenue expansion for the top three DRAM suppliers.
Tel-Instrument Electronics Corp. Reports Financial Results For Third Quarter FY 2025
02/18/2025 | BUSINESS WIRETel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net loss of $456K ($0.17) per basic and per diluted share, on revenues of $2.97 million for the third quarter of 2025 fiscal year, ended December 31, 2024.