Market feedback and Commodity IQ analysis indicate that general-purpose DRAM pricing will increase throughout 2024, with Q1 prices set to rise by 15% or more. Mobile DRAM (LPDDR), eMMC, and NAND flash pricing are also forecast to escalate strongly in H1. A constrained supply of eMMC and LPDDR is evident, and LPDDR is anticipated to be in shortage into Q2. The Commodity IQ Price Index for all memory devices inflated by 36% month-on-month in December 2023, primarily driven by NAND flash and DRAM surges.