Flash memory is divided into two types: NAND and NOR. NAND has become the mainstream due to its high storage density and low cost. NOR is used for program code storage due to its fast reading capability. Its outstanding features include low power consumption, high storage density, fast reading and writing, and good durability. It is an important choice to replace traditional mechanical hard disk and optical disk storage.
Flash memory is a memory chip that is closely related to the semiconductor industry. It is manufactured based on silicon transistor technology and relies on high-precision semiconductor manufacturing equipment and technology, including photolithography machines, etching equipment, and thin film deposition equipment. According to the publisher's analysis, the flash memory production process is complex, involving silicon wafer preparation, storage unit design, packaging, and testing. Flash memory can be used as a standalone chip in embedded systems, or it can be packaged into a memory card or drive, such as an SD card, USB flash drive, and solid-state drive (SSD). These are all storage devices composed of flash memory chips as the core, supplemented by controller chips and interface circuits.
As a type of memory, the upstream of the flash memory industry chain includes raw material suppliers such as silicon wafers, electronic chemicals, and high-purity gases; the downstream covers consumer electronics manufacturers, data centers, and embedded system developers. The world's major flash memory manufacturers include Samsung Electronics, SK Hynix, Western Digital, Micron and Kioxia (formerly Toshiba Memory).
In recent years, Vietnam's status in the global flash memory consumer market has gradually increased, and the scale of Vietnam's flash memory market has expanded year by year. However, Vietnam does not have independent flash memory manufacturing capabilities. According to the publisher's analysis, Vietnam imports flash memory chips from overseas markets for the assembly and manufacturing of electronic products. With Samsung, LG and other companies setting up production bases in Vietnam, Vietnam has become one of the important electronic product assembly bases in the world, especially in the fields of smartphones, tablets and other consumer electronics, which has promoted the growth of Vietnam's flash memory market. Vietnam's flash memory imports are mainly to meet the needs of the electronics manufacturing industry, and export terminal products to the global market.
Vietnam's export growth is due to the rapid development of its electronics manufacturing industry and its low-cost manufacturing advantages, but flash memory, as a core component, cannot be produced locally in Vietnam and can only rely on imports. As Vietnam's electronics industry continues to grow, the size of Vietnam's flash memory market will continue to expand.
According to the publisher's data, Vietnam's total flash memory imports reached US$44 million in 2023. From January to October 2024, Vietnam's cumulative flash memory imports amounted to approximately US$60 million, an increase of approximately 73% over the same period in 2023. Vietnam's flash memory market is expanding rapidly and is expected to maintain a relatively fast growth rate in the next few years.
According to the publisher's analysis, the main sources of Vietnam's flash memory imports from 2021 to 2024 include Hong Kong, China, Singapore and other places. The main companies exporting this product to Vietnam include WESTERN DIGITAL (SINGAPORE) PTE LTD, KINGSTON DIGITAL INTERNATIONAL LIMITED, ETERNAL ASIA (VIETNAM) PTE LTD etc.
The main importers of flash memory in Vietnam are manufacturers and distributors related to the electronics manufacturing industry. According to the publisher's analysis, these include SPRING PERMANENT COMPUTER JOINT STOCK COMPANY, DRAGON LOGISTICS CO, LTD, VIETNAM ACCTON TECHNOLOGY COMPANY etc.
With the development of Vietnam's economy and the electronics manufacturing industry, the publisher predicts that the scale of Vietnam's flash memory market will continue to grow in the next few years. Since Vietnam cannot currently produce flash memory, it is expected that Vietnam's flash memory imports will continue to grow in the next few years. The publisher recommends that global flash memory manufacturers should conduct timely research on the Vietnamese market and make plans for entering the Vietnamese market.
Topics covered:
- The Import and Export of Flash Memory in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Flash Memory in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Flash Memory in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Flash Memory in Vietnam (January-October 2024)
- Total Import Value and Percentage Change of Flash Memory in Vietnam (January-October 2024)
- Average Import Price of Flash Memory in Vietnam (2021-2024)
- Top 10 Sources of Flash Memory Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Flash Memory in Vietnam and Their Supply Volume
- Top 10 Importers of Flash Memory in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Flash Memory in Vietnam
- How Foreign Enterprises Enter the Flash Memory Market of Vietnam
- Forecast for the Import of Flash Memory in Vietnam (2025-2034)
Table of Contents
Companies Mentioned
- WESTERN DIGITAL (SINGAPORE) PTE LTD
- KINGSTON DIGITAL INTERNATIONAL LIMITED
- ETERNAL ASIA (VIETNAM) PTE LTD
- SPRING PERMANENT COMPUTER JOINT STOCK COMPANY
- DRAGON LOGISTICS CO, LTD
- VIETNAM ACCTON TECHNOLOGY COMPANY
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | January 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 85 Million |
Forecasted Market Value ( USD | $ 172.77 Million |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Vietnam |
No. of Companies Mentioned | 6 |