Winbond: DDR4/LPDDR4 Structural Shortage to Continue Beyond 2028, Memory Prices Set to Rise Further

Winbond Electronics stated at its 2026 first-quarter earnings conference that there is limited room for supply improvement in the near term, and the structural supply shortage of DDR4/LPDDR4 is expected to persist beyond 2028. Driven by tight supply and AI-related demand, custom memory prices see significant upside potential in the second quarter of 2026, and the company maintains a positive outlook for the second half of 2026 through 2027. As for flash memory, NOR flash supply remains tight amid strong demand from high-capacity end devices, and prices will stay on an upward trend in the first half of 2026. The supply shortage of SLC NAND is intensifying, further underpinning price increases after 2026.