Zhang Jiapi, president of memory manufacturer Apacer Technology, said that the cautious attitude of NAND flash memory suppliers on capacity expansion, as well as the sharp reduction in the production of the Japanese joint venture factory of Kioxia-Western Digital, will lead to the market from second in 2022. The quarter begins to enter a state of undersupply.
Zhang Jiapin said that from April, the total output of NAND flash memory chips will shrink rapidly, so the memory supply in the second quarter will not be able to meet the demand. As a result, the industry's total supply in 2022 is expected to grow by 25-30%, down from a previous estimate of 30% growth.
In addition, Zhang Jiaxuan said that throughout the first half of 2022, NAND flash memory prices will face downward pressure. As the shortage of logic chips eases, downstream equipment assemblers and suppliers are expected to accelerate inventory expansion in the second half of this year.
Apacer held chip inventories worth TWD 1.487 billion (USD 53 million) at the end of 2021. Zhang Jiapi said the company will continue to stock up on chips and is optimistic about the market performance in the first quarter of 2022.
Apacer’s financial report shows that its net profit in 2021 will increase by 67.6% to NT$486 million, and revenue will increase by 21.4% year-on-year to NT$8.68 billion. Apacer expects another rapid growth in revenue and profit in 2022.
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