➀ The telecom equipment industry experienced its biggest decline in 20 years with a 14% drop in total equipment revenue in 2024;
➁ The decline was driven by factors such as excess inventory, challenging macro environment, and difficult 5G comparisons;
➂ Despite the decline, Huawei and Ericsson saw improvements in their positions in the global market.
➀ Due to weak demand for PC, smartphones, and other terminal products, as well as Chinese buyers expanding the use of domestic DRAM, global DRAM demand has slowed down, and the DRAM price in January 2023 fell by 6% month-on-month.
➁ The wholesale price of DDR4 8Gb products in January 2025 was about $1.75 per unit, and the price of smaller capacity 4Gb products was about $1.34 per unit, both down 6% from the previous month, marking the fifth consecutive month of decline. The 8Gb products saw the largest decline in 10 months (since March 2023), and the 4Gb products saw the largest decline in 9 months (since April 2023).
➂ DRAM demand is about 50% from PCs and servers, and about 35% from smartphones. The top three DRAM manufacturers in the world are Samsung of South Korea, SK Hynix, and Micron of the United States, followed by Nanya Technology and Winbond Electronics of Taiwan. In these companies' revenue, the market share in China is estimated to be 20-40%. However, with the continuous rise of Chinese domestic DRAM chip manufacturer Changxin Storage, Chinese manufacturers are increasingly adopting domestic DRAM.
➀ NAND flash prices have plummeted by over 40% in just two months, reaching an all-time low since records began in August 2015.
➁ The decline in prices is attributed to a reduction in demand for DRAM and NAND flash in products such as smartphones and PCs, with the demand shifting towards high-performance AI products.
➂ The average fixed transaction price of universal NAND flash (128Gb 16Gx8 MLC) in the last month was $3.07, a decrease of 29.2% from the previous month.
➀ Intel is facing accusations of product vulnerabilities and security breaches, with China's Cybersecurity Association suggesting a cybersecurity review of its products sold in China.
➁ Intel's revenue has been declining, with a significant portion coming from the Chinese market.
➂ The company has been struggling with the competition in the CPU market and the lack of growth in new markets like AI chips.
➃ Intel's manufacturing technology has fallen behind, leading to increased costs and decreased performance compared to competitors like TSMC.
➄ Intel's market value has halved, and the company is facing challenges in new business expansion.
