NAND Flash Prices Will Continue to Decline Due To Oversupply

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On the supply side, some manufacturers have slowed down their production expansion in response to the market trend in the first half of this year.
So it looks like prices won't drop a lot then as the manufacturers will collude to keep supply restricted and prices high.
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What we would need is an oversupply of DRAM, including GDDR.
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Fox2232:

They are slowing "expansion of production lines", not production itself.
That doesn't mean he isn't wrong....