Softened demand for PCs and smartphones coupled with NAND memory bits oversupply has sent prices of 3D NAND memory into a dive in recent quarters. In Q4, global NAND flash revenue dropped staggering 45% year-over-year and 25% quarter-over quarter, according to recent data by TrendForce. And while that dive appears to be leveling off some – TrendForces' analysts forecast that NAND prices declined more modestly in Q1 – it's still bringing NAND to its lowest per-bit costs ever. All of which has meant that SSD prices for end users have been taking a much-welcomed dive, as the core costs of building SSDs continue to decline.
