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SSD prices up are a forecast you may feel lately, and we’ll hear it again, this time from the manufacturer.
Phison, which makes drivers for SSDs (and SSDs and other storage devices such as USB sticks), estimates that SSD prices will rise by about 10% in the coming months, such as Tom’s hardware reports.
Whether or not that happens, we just have to wait and see, but Phison chairman KS Pua has announced that he has announced that NAND flash manufacturers will increase memory prices by 10% in the third quarter of 2021.
The reasons are related to growing PC sales as well as delivery difficulties and a pandemic lack of components affecting the entire technology industry. It’s also due to the new Chia cryptocurrency, which has just launched, accelerating demand for drives because it’s based on storage and not on power-hungry GPUs (or ASICs) krypto mining traditionally requires (the idea is much greener for a friendlier digital currency).
Panic?
We are heard a speech to drive panic buying (applies to both SSDs and hard drives) Thanks to Chia last month in Asia, and this latest Phison nugget only reinforces that possibility.
That said, with Chia started now, the cryptocurrency has taken a quick dive, so it may put some question marks on how much impact it can actually have. Still, this could simply be an early sway, and Chia could be seriously embarking on a flight in a short amount of time – given her current passion for all encryption, that would hardly be a surprise.
If so, the additional demand and pressure on drive manufacturers will indeed seem predicted by Phison and others.
Phison also revealed that its SSDs are expected to be in short supply not only this year, but also in 2022 and 2023, which is a worryingly long road – which in itself is likely to affect the semiconductor market.
TechRadar is supported by its audience. TechRadar does not support any specific cryptocurrencies or blockchain-based services, and readers should not interpret TechRadar content as investment advice. Our suppliers hold only small amounts of cryptocurrency (less than $ 100 in value), which is necessary to perform wallet and exchange reviews, and do not own shares in any publicly listed cryptocurrency company.
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