The persistent shortage of storage supply continues to be a pressing issue, and the anticipated price trends of consumer products in the upcoming year have garnered considerable attention within the industry. Lenovo Group's Chief Financial Officer, Wong Wai Ming, disclosed that the company is proactively stockpiling memory chips in response to the tight supply in the AI sector. As a result, Lenovo's component inventories are now approximately 50% higher than their typical levels.
This strategic move could potentially lead to an uptick in the prices of consumer electronics and might impact future demand for Lenovo's offerings. Nevertheless, the company is committed to making every effort to prevent these increased costs from being passed on to consumers.
Lenovo Group's Chairman and CEO, Yang Yuanqing, also weighed in on the matter, noting that the trends of storage shortages and consequent price hikes are likely to persist into the next year. However, he assured that Lenovo has secured long-term contracts with crucial suppliers, ensuring an adequate storage supply for the coming year.
According to reports from Taiwanese media, Lenovo is navigating around the supply challenges in the DRAM market by collaborating with Samsung. The scarcity of memory has spurred computer manufacturers into a fierce competition for DRAM quotas.