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The drop is primarily due to lack of demand and overproduction in memory chips. From the Financial Times: Samsung Electronics reported a 95 per cent drop in fi
by pavlov 4y ago
The drop is primarily due to lack of demand and overproduction in memory chips. From the Financial Times:
Samsung Electronics reported a 95 per cent drop in first-quarter profits on Thursday, as tech demand remained sluggish in the face of inflation and higher interest rates.
The Korean semiconductor giant’s operating profit fell to Won640bn ($478.6mn) from Won14.12tn in the first three months of 2022, amid a sharp drop in global demand for memory chips. The results were consistent with estimates released earlier this month, when Samsung said it would make a “meaningful” cut in memory production to ease a glut.
On Thursday the company said it expected a “limited demand recovery” as major cloud service providers invest more conservatively and customers adjust their inventories.
- asddubs 4y agocan we please have ssd prices drop again at some point then?
- Dalewyn 4y ago[flagged]
- frostburg 4y agoThat specific model and size had reliability issues (excessive wear) which might contribute to its low price.
- dotancohen 4y agoAs a consumer, how would I learn that? For any arbitrary storage (not memory) that I am considering?
- frostburg 4y agoNot easily; you can look at what big buyers (cloud providers, system integrators) do, but they can get blindsided too (like with those Samsung units). Don't buy SMR hard drives.
- dotancohen 4y agoThank you, I had to look up the term. The markets are so insidious these days.
- yellow_lead 4y agoThis one failed on me last week. Albeit in a "read only state" so I could recover my data at least.
- alimov 4y ago> I'm not sure what you're smoking There’s really no need to make it personal. Also, 2TB for 160 in 2023 doesn’t sound like a great deal.
- Dalewyn 4y agoI bought a number of them for $200 each last year, so compared to that and considering these are still among top of the line as SSDs go: Yes, I think they are great deals. $40 might not sound like much, but it is in quantities. The price could get even lower and that would make for an even greater deal too, of course. And if anyone thinks it's just the Samsung 980 PRO, other brands with products at a similar quality tier are priced likewise: The 2TB Crucial P5 Plus for $132 USD[1][2] and the 2TB Western Digital SN850X for $160[3]. [1]: https://www.newegg.com/Crucial-2TB-P5-Plus/p/20-156-281 https://www.newegg.com/Crucial-2TB-P5-Plus/p/20-156-281 [2]: https://www.amazon.com/dp/B098WKQRDL/ https://www.amazon.com/dp/B098WKQRDL/ [3]: https://www.newegg.com/western-digital-2tb-black-sn850x-nvme/p/N82E16820250247 https://www.newegg.com/western-digital-2tb-black-sn850x-nvme...
- alimov 4y agoIt’s not a bad deal, I just meant that it’s not so good that you need to ask someone what they are smoking when they are hoping for prices to drop.
- hardware2win 4y agoHow it does not? A few years ago Ive been purchasing 256GB for 40? or so USD
- pavlov 4y agoAny day now there will be a resurgence of that beyond-parody cryptocurrency based on the idea of burning through as many SSDs as possible. Proof-of-Electronics-Junk is sound money! (I think it’s Chia but can’t be bothered to actually google this stuff anymore, it’s depressing.)
- waffl 4y agoThe real magic is found in Apple charging 690 EUR for an upgrade to 2TB from 512GB on a MacBook Pro (0.43/gb), or 2760 EUR for 8TB (0.37/gb). Considering the 2TB 980 pro for $160 USD, (0.08/gb), it always truly pains me to pay the Apple tax.
- Mistletoe 4y agoSince I’m building a solo staking machine for my Ethereum, I’m in the market for a 2 TB ssd, since that is what most guides say to get. Why would I pick the $160 Samsung when I see ones from other vendors for almost half the price, $59-69 on Amazon? Is there really a difference?
- justinclift 4y agoIronically, Samsung's recent SSD's were found to have some pretty severe problems with reliability. From memory, there's a firmware fix for it though.
- haunter 4y agoPrices are already going down https://www.reddit.com/r/buildapcsales/search/?sort=top&q=flair%3ASSD%2B-%2BM.2&t=month&restrict_sr=on https://www.reddit.com/r/buildapcsales/search/?sort=top&q=fl...