Beijing Junzheng: The price increase cycle of storage chips may continue until next year. It is expected that the sales proportion of LPDDR4 will gradually increase next year.

Beijing Junzheng released an investor relations activity record table, suggesting that the price increase of storage chips may continue into next year. Currently, the consumer market is more obvious, while the industry market situation is slightly more complex. LPDDR4 has been mass-produced and sold for several years, with many customers adopting it. However, due to the previous products being 25nm and having higher costs, it has affected the competitiveness of the products' value for money. From last year to this year, the company has successively sent samples of 20nm, 18nm, and 16nm products, while also increasing product capacity. LPDDR4 products with capacities of 4G, 8G, 16G, and 32G will gradually become available. It is expected that next year, the sales proportion of the company's LPDDR4 products will gradually increase. The sales of high-capacity NOR FLASH products are indeed growing, with growth rates surpassing that of DRAM. Furthermore, the company's current NPU has a capacity of multiple teraflops, and the company is increasing its research and development of NPU. It is expected that by the middle of next year, the company will introduce IPC products with a processing power of 4 teraflops, and research and development of even larger NPU modules will continue.