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Kehua Holdings: The controlling shareholder plans to transfer shares, and the stock will be suspended next Monday.
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TrendForce: The revenue of the top five NAND Flash brands is expected to reach 12.02 billion USD in the first quarter of 2025.
Jin10 data reported on May 29, according to TrendForce’s latest research, in the face of inventory pressure and declining end customer demand, NAND Flash suppliers will see an average selling price (ASP) decrease by 15% in the first quarter of 2025, with shipments down by 7%. Even though some product prices may rebound towards the end of the quarter, boosting demand, the total revenue of the top five NAND Flash brands is expected to be $12.02 billion, a nearly 24% quarterly decline.