Domestic storage industry takes off again

After a period of downturn, the domestic storage industry showed signs of recovery starting in the fourth quarter of 2023. The market price of storage chips stopped falling and rebounded, and the performance of many listed companies also improved accordingly. At the same time, a number of domestic storage projects have been launched this year, including the signing of projects such as Kangying Semiconductor and Jingcun Technology, and the start of the Zhizhen storage chip project. In addition, Guochuangxin Technology (Jiangsu) Co., Ltd. has also been reported as a world-leading chip storage project.