Deciding to buy an SSD drive for your computer and already starting to pick a model by price? Don’t rush! There’s a serious stir in the Chinese market – a collapse. Guaranteed, by the New Year 2021, SSD drives will significantly drop in price. This applies to all types of drives based on NAND technology.
There are plenty of reasons for this sharp price drop. The first to hit bottom will be expensive brands producing Premium class products. Why not take advantage of the situation and buy a cool SSD for your computer or laptop at a convenient price?
Why SSD Drives Will Drop Significantly in Price by New Year 2021
The first reason is Covid, which has seriously reduced sales for Chinese manufacturers. The constant opening and closing of customs has led to buyers simply stopping ordering goods from China online. SSD prices on the domestic market have risen. But at the manufacturer’s homeland, they have fallen. This is a great opportunity for major players in the computer parts market to make money. However, many sellers set too high a price, deterring potential buyers.
The second reason is the decline in demand on the internal (Chinese) market. Due to US sanctions against Huawei, the smartphone manufacturer stopped purchasing NAND memory (since September 2020). Memory manufacturers did not reduce their volumes. As a result, the market became saturated. By the end of November 2020, SSD prices had already fallen by 10%. And this is just the beginning. According to Chinese experts, by the New Year 2021, SSD prices will drop by 30-33%.
All these fluctuations with NAND memory benefit buyers. You just need to time your purchase to order from China before the New Year holidays. January-February are problematic months for buyers worldwide. Therefore, it’s better to order SSDs in advance. Don’t wait until spring, as the situation could change dramatically. No manufacturer intends to operate at a loss. Learn more: which SSD to choose for a laptop or PC.
