this post was submitted on 01 Jan 2024
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Article says SSD manufacturers currently sell at a loss & intend to raise prices because they want to be profitable, 40% is break even, 50% is profitable
Selling at a loss? Lol yeah sure they are.
Actually a common practice to gain a leg up in the market and kill the competition. This can drag on for long, but the endgame is always buyers getting screwed by a monopoly/oligopoly.
Then the journalist who wrote the article is absolutely lying to us.
Maybe they should cut the executive class salaries. Bet there is plenty of money there.
If that is real, this is baffling, why was it done in the first place? Was there some new company that could manufacture a significant amount of SSDs who started selling at loss so everyone else had to follow to not lose all marketshare? Also it's not like SSDs are some eggs that expire, there is no need to dump all inventory. Pretty hard to believe.