Production reduction and destocking can be said to be the main theme of the global storage market in the past period of time. At present, although the storage market size has declined, the storage capacity scale is still growing slightly.

From the current situation of the market, the market is still in an anxious period, and the downturn has not changed. However, with the pull of new markets such as AI servers, the downward trend of the market will be alleviated to a certain extent.

Weigang Industrial Control continues to pay attention to the development of the storage industry, collect the most cutting-edge information of the market and technology, and pay attention to the future and development of industrial storage with you! How are the storage giants doing these days? What are the new developments? What trends will the global storage market show in 2023? The latest industry information for your reference.

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Trends of industry manufacturers

Samsung began mass production of UFS 3.1

The latest UFS 3.1 is the industry’s lowest-power storage solution to meet a wide range of customer needs for in-vehicle infotainment (IVI) systems.
Samsung aims to expand its presence in the automotive semiconductor market and plans to supply the UFS 3.1 series to global automakers and component manufacturers by the end of 2023.