NAND prices may see another brief shock as a power outage at Samsung's Pyeongtaek fab ruined up to 60,000 wafers. The outage, which took place on March 9, 2018, lasted just thirty minutes but damaged 11 percent of Samsung's total NAND flash memory output for March. Samsung is one of the largest NAND makers, the lost capacity accounts for 3.5 percent of the global monthly NAND wafer production.
Increased global production from Samsung and its rivals should offset the the loss globally. These companies enjoy a small stockpile of flash memory that didn't exist last year due to strong demand and lower production output as companies shifted to new 64/72-layer memory.
We've yet to see market reaction to the March 9 event, but with word spreading rapidly, we may see some price increases overnight. Any price changes should subside quickly with the Pyeongtaek fab running at planned capacity again.