SSD prices are expected to increase 25% this year, a figure welcomed by manufacturers as they seek to recover recently lost profits.
Manufacturers are willing to increase SSD prices reportedly by up to 25%. This price increase will be calculated in advance by them with the aim of gaining more profits and balancing their finances, which would not have happened before because the SSD value was too low.
In recent quarters, manufacturers such as Western Digital or Samsung have suffered from the economic downturn and low demand. This forced them to increase prices, by 10% to 15% for general consumer PC units, while for the enterprise market, the price increase would be up to 25%.
However, this number is still not enough to compensate for the price increase that is expected to be optimal for manufacturers, which will reach about 40% as reported from TrendForce. Essentially, that means consumers have to accept progressive increases in the coming quarters.
Price increases for these SSDs have been predicted since last year and appear to be coming true. As new reports of price increases appear more and more, now is the ideal time for consumers to invest in a good SSD.
While this is not good news for consumers, it will be good news for manufacturers, which need to balance their finances as a result of the recent global economic downturn. When manufacturers have more financial resources, they can better invest in upgrading the memory technology used in SSDs, opening up opportunities for consumers to access more advanced technology.