Subj : SSD prices set to plummet, so now could be a great time to upgrad
To   : All
From : TechnologyDaily
Date : Sat Jul 08 2023 14:15:03

SSD prices set to plummet, so now could be a great time to upgrade

Date:
Sat, 08 Jul 2023 13:06:34 +0000

Description:
SSDs are becoming more and more a better value proposition over HDDs, which 
could be a boon for small businesses looking to get started storing data.

FULL STORY
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 Solid state drives (SSDs) are set to become even cheaper over the course of 
2023, and with storage capacities rapidly increasing, their high read/write 
speeds mean that the traditional hard disk drives (HDDs) - traditionally 
capable of storing more data, but marred by larger form factors and 
mechanical parts prone to failure - may be getting closer to extinction. 

A new report from market research firm Trendforce (via Toms Hardware ), has 
projected following enterprise-spec SSDS falling anywhere between 13 and 18 
percent in price in Q2 2023, bargain hunters can expect the price to drop a 
further 5 to 10 percent in Q3. 

Toms Hardware have noted that such price drops are set to resist increases in 
demand as the year closes, which is good news for any business looking to do 
some forward planning for their data storage, or those who wind up having to 
urgently replace hardware amid a disaster recovery mishap. Why are SSD prices 
crashing? 

As ever, such price drops arent at the behest of a benevolent manufacturer. 
Many SSD producers are actively trying to make prices rise again by sharply 
reducing the production of one key component - NAND flash chips. 

NAND flash chips are where data is stored on devices using solid state 
technology, which is becoming increasingly ubiquitous as producers and 
consumers alike want to keep the cost and size of a device down while 
maximizing its storage capacity. Flash memory works because theyre 
non-volatile memory, meaning data can be stored, read and written without 
being powered. 

These chips are currently in abundance, and so manufacturers are, so 
Trendforce believes, rowing back production to create artificial scarcity. We 
can believe it. 

However, it also predicts that NAND flash is so readily available at the 
moment that it will be some time yet before those actions begin to have an 
effect on the market. What does this mean for you? 

As the owner, IT administrator, or simply a good little employee of an 
organisation, we at TechRadar Pro think investing, or pushing for investment 
in solid state drives as the primary means of storing data is a prudent move 
in general, but especially now, while the wind is blowing in the right 
direction. 

True, hard disk drive prices are also seeing sharp drops , and SSD health can 
sometimes be unreliable , but its becoming increasingly more difficult to 
justify investing in HDDs over SSDs when the latter is catching up in 
available storage capacity, and is no longer legions more expensive than 
mechanical drive alternatives. Where should you start? 

Firstly, youll want to book up on solid state tech and learn what the 
benefits are in more detail with TechRadars handy primer on SSDs . From 
there, consider our curated lists of the best cheap SSDs to dip your toe in 
the water, or if space and utility is what you need, more portable options, 
which usually connect to devices via a typical USB connection. 

As SSD tech continues to improve, were sure youll start to wonder why we 
trusted our data to shaky mechanical parts for so long, and why it took so 
long for the revolution to take hold.



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Link to news story:
https://www.techradar.com/pro/ssd-prices-set-to-plummet-so-now-could-be-a-grea
t-time-to-upgrade


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