SSD prices are set to drop up to 10% in Q4 2024, market research firm TrendForce has reported. The decline stems from increased production and weakening demand, particularly in the consumer sector. Enterprise SSD prices, however, may see a slight increase. TrendForce analysts attribute the softer demand partly to slower-than-expected adoption of AI PCs. The mobile storage market could experience even steeper price cuts, with eMMC and UFS components potentially falling 13% as smartphone makers deplete inventories. The forecast follows modest price reductions observed in Q3 2024.

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