TrendForce's DRAMeXchange division reports the NAND flash market remains weak, with MLC NAND flash ASPs decreasing by -1-2% and TLC NAND flash by -4-7%.
The reasons for such market weakness include an uncertain global economy, underperforming NAND flash product shipments and inventory buildup leading to delays in inventory stocking in Q3 2011.
An improving economy should lead to increases in both market confidence and holiday purchasing in Q4 2011-- leading to inventory level decrease and growing demand for new products after August 2011.
DRAMeXchange predicts NAND flash contract prices should stablise by that time-- but NAND flash prices will continue depending on market conditions during Q4 2011.