In November, Sandisk significantly increased NAND flash memory contract prices by as much as 50%.

Sandisk, the leader in flash memory, significantly raised the contract price of NAND flash memory in November, with an increase of up to 50%. The price increase news has caused a shock to the entire storage supply chain, leading to companies such as Silicon Motion, Innodisk International, and Apacer Technology deciding to suspend shipments and re-evaluate their pricing. Among them, Silicon Motion has suspended quoting and delivery since November 7th, citing "expecting the market situation to continue to improve", implying that prices may continue to rise further.