With an aging population in the West and a growing demand in emerging markets, the need for increasingly sophisticated and smart medical applications continues to rise. In this blog post, we dive deeper into three key trends in medical device applications that impact the memory market for long-life applications.
Smart Home devices use embedded memory. Smart devices make the home cozier and life easier with connectivity and efficiency. Check the best smart home devices so far this year.
The past year has been challenging for memory suppliers. Independent analysts report that customer inventory levels have been depleting while demand has been increasing. Supplier production levels and capacity investments have been cut back.
Additionally, a new post-COVID supply/demand balance has been reached with price stabilization after price declines not seen in 15 years.
The Changing Market
Industry pundits forecast that suppliers will be slow to increase capacity as they need time to recover. DDR4 supply is expected to tighten as mainstream demand shifts to DDR5. And eMMC growth is expected to continue. Price increases are projected to resume and accelerate as we enter a period of undersupply by 2024.
Now is the time to ensure your supply is stable for the period ahead. Qualify SMARTsemi DRAM, eMMC, and Flash Cards today.
As your supply chain partner, we understand your challenges sourcing components for long-life applications, and we’ve aligned our priorities with yours, including long term relationships and supply agreements with Tier-1 manufacturers.
SMARTsemi isn't just a source, we're a producer of commercial, industrial, wide, and automotive class-2 grade memory components. From legacy to leading edge, our DRAM and FLASH eMMC devices are processed for the high-reliability and quality that long-life applications need.
Established over 20 years ago, SMARTsemi is a Line of Business of SMART Modular Technologies, Inc. that globally manufactures and delivers millions of memory components annually for embedded medical, robotics, communications, industrial, defense, home entertainment applications and standard, ruggedized, and custom memory and storage solutions in high-growth markets. When you think memory, think SMART. When you’re sourcing memory components, select SMARTsemi.