While most component prices have been exceptionally volatile with retailers over the last 18 months, I think it would be fair to say that the cost of storage devices, and particularly SSD solutions, has predominantly remained stable. If anything, since the start of the year, it has regularly felt like your money has been able to stretch much further than it has before. And no, this wouldn’t be incorrect feeling either as since February it’s been well known that NAND flash memory production has been significantly outstripping market demand which, when compared to something like graphics cards, has been a much more shall we say sluggish sector in terms of consumer purchases.
Following a report via TechSpot, however, it seems that things are potentially coming to a head as with NAND production continuing to notably outweigh consumer demand, market sources are claiming that the cost of SSD storage devices with retailers might be set to plunge in the coming months with figures as much as 20-30% being cited!
SSD Prices Are Set To Nosedive?
Admittedly, while the 30% figure certainly sounds very attractive, we doubt that things are going to get quite this desperate for SSD manufacturers and their retail partners. With that being said though, pretty much all internal sources agree that price cuts are on the way to help bloated stock inventories move.
So, what could this actually mean? – Well, to offer a hypothetical situation, what buys you a 1TB SSD device today might just get you a 2TB one within the next couple of months. – And yes, this trend is also expected to extend into expanded storage SSD devices as well where the ‘bang for your buck’ might get even more impressive.
Put simply, I was currently shopping around for a new USB SSD device for my PS5. Based on this news though, I think I might give it a couple of weeks just to see what’s going to happen!
What do you think? – Let us know in the comments!
