Surging demand from data center clients in 4Q19 helped reduce suppliers' stock levels
"According to the DRAMeXchange research division of TrendForce, Inc., 4Q19 NAND flash bit shipment increased by nearly 10% Q/Q thanks to demand growth from data center clients.
On the supply side, contract prices made a successful rebound due to shortages caused by the power outage at Kioxia's Yokkaichi production base in June. In sum, 4Q19 NAND flash revenue reached $12.5 billion, an 8.5% increase Q/Q..."
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