According to the latest statistics from Trendforce, it is expected that in the first quarter of 2024, both mobile DRAM and NAND flash memory (eMC UFS) will increase by 18 to 23%. It cannot be ruled out that due to the oligopoly market pattern or the panic chasing price of brand customers, it may further increase the increase. 
According to Trendforce, the production plans of Chinese smartphone manufacturers in the first quarter of 2024 remain solid, and buyers are actively expanding their purchase demand to build a safe and relatively low inventory level due to the clear increase in memory**. In the past, the smartphone market was the first consumer product to reflect the economic downturn, and both buyers and sellers continued to adjust the inventory of the ** chain. With inventory levels at rock bottom, combined with the effect of factory production cuts, two major factors have contributed to a strong increase in the memory used in smartphones.
Looking at the overall market, client demand continued in the first quarter of 2024, allowing memory to continue its upward trend. The gap between supply and demand is widening in the absence of production capacity from the original factory, but the memory used in mobile platforms has risen more significantly than other market segments, becoming the leader in the first quarter of 2024.
In the past year, major DRAM and NAND flash memory chip manufacturers have chosen to reduce production and artificially limit production output, so as to curb the loss gap. After many months of hard work, it seems that the initial results have been achieved, and the entire DRAM and NAND flash memory chip market is currently in the market, ending the situation of oversupply for a long time.