Q1 saw NAND revenues rise by 28.1% to $14.71 billion, says TrendForce.
Micron overtook Western Digital to claim the fourth spot with 51.2% QoQ revenue growth to $1.72 billion.
Samsung remained No.1 with a 28.6% QoQ revenue jump to $5.40 billion. It expects 20% growth in Q2.
NAND revenues rising; Q2 prices to grow 10%
Hynix saw a 31.9% QoQ increase in revenue to $3.27 billion in Q1, and also expects a 20% growth in Q2.
Kioxia had a 26.3% QoQ rise in revenue to $1.82 billion and expects to grow Q2 revenue by approximately 20%.
Western Digital had a 2.4% QoQ revenue increase, reaching $1.71 billion and expects Q2 revenue to remain flat.
The surge in large enterprise SSD orders continues to drive up the ASP of NAND Flash by 15%. TrendForce forecasts Q2 NAND revenue to increase by nearly 10% QoQ.
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