Beijing Junzheng: The price increase cycle of storage chips may continue until next year, and the sales proportion of LPDDR4 is expected to gradually increase next year.

Beijing Junzheng released the Investor Relations Activity Record Form, stating that the increase in chip prices may continue until next year. Currently, the consumer market is more obvious, while the industry market situation is slightly more complicated. LPDDR4 has been produced and sold for several years now, with many customers adopting it. However, due to the previous products being 25nm and expensive, it affected the competitiveness of the products in terms of cost-effectiveness. From last year to this year, the company has successively sent samples of products with 20nm, 18nm, and 16nm, while also increasing product capacities. LPDDR4 products with capacities of 4G, 8G, 16G, and 32G are gradually coming into place, and it is expected that the sales share of the company's LPDDR4 products will gradually increase next year. The demand for large-capacity NOR FLASH products is indeed growing, with a growth rate higher than that of DRAM. In addition, the company's existing NPU has a capacity of multiple teraflops and is currently increasing research and development efforts on NPU. It is expected that in the middle of next year, the company will introduce an IPC product with a computing power of 4 teraflops, and research on even larger computing power NPU modules will continue.