AsianFin – At the CFMS｜MemoryS 2025 storage industry conference on Wednesday, Pan Jiancheng, chairman of Phison Electronics, revealed that Micron Technology experienced a sudden power outage at its Singapore manufacturing facility in January, causing supply disruptions for downstream companies.
AsianFin confirmed the incident, indicating that Micron’s production was temporarily halted, requiring a restart of NAND flash wafer manufacturing. In response, Micron has reportedly informed suppliers of a planned price hike of over 10% for NAND flash chips to offset revenue declines.
Micron is not alone in this move. Western Digital’s SanDisk division has announced a similar 10% price increase starting April 1, while South Korean memory giants Samsung and SK Hynix are also preparing to raise NAND flash prices next month. SanDisk attributed its price hike to growing supply constraints and rising operational costs due to changing tariffs.
Despite the supply disruption, Micron has yet to officially disclose the power outage. The company is set to release its next earnings report on March 20.
As of Q4 2023, Micron held a 19.2% share of the global DRAM market and 9.9% in NAND flash, ranking third and fifth, respectively. Meanwhile, Samsung and SK Hynix remain the top NAND suppliers, with market shares of 33.9% and 20.5%.
Pan warned that intense competition is pressuring NAND profitability, slowing capital investments, and affecting industry health. However, he emphasized that AI-driven demand will sustain semiconductor growth for the next 10–15 years.
Micron’s stock closed 2.26% higher on March 11, though it has declined 8.59% over the past year, with a market valuation of $99.2 billion.
