According to TechnoPixel , if you're thinking about upgrading your SSD, now is the time to do it because by 2024, SSD prices are expected to increase due to rising NAND memory costs, with some manufacturers projecting an increase of more than 50%.
The sharp price increase will start as early as next year.
In 2021, the lack of supply needed for SSD production led to a price increase for these storage devices, much like what happened with graphics cards. When production resumed a year later, the supply problem was solved. At this point, SSDs flooded the market, while demand for these solid state drives was no longer the same. In order to quickly sell off the products that were produced, they were forced to lower prices, a trend that continued until 2023 before ending in 2024.
Phison, one of the oldest manufacturers of NAND memory and controllers, has confirmed in its report that storage prices will increase in the coming months as the oversupply ends. Western Digital has told its customers that SSD prices will increase by as much as 55%, while Samsung drives have increased by 20%.
The increase in SSD prices will not only affect this essential component of any PC, but also smartphones, memory cards, etc. that will be launched in the coming months. With this information, if users are planning to buy an SSD, now is the best time to avoid wasting money.
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