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创见董座:记忆体进一步涨价空间有限 模组厂营运回归稳定常态

2026-11-06 16:32:32 网络 阅读(1)

记忆体模组厂创见(2451-TW)董事长束崇万指出,现阶段记忆体价格已处于相对高档,进一步涨价空间有限,预期第四季营运表现与第三季差不多;明年DRAM供应虽然仍将持续吃紧,尤其明年第一季供货量可能进一步减少,但随着低价库存红利逐渐消退,模组厂营收及获利也将回归较稳定的常态。

创见董座:记忆体进一步涨价空间有限 模组厂营运回归稳定常态

束崇万表示,第三季以来记忆体价格大致维持稳定,模组厂持续受惠于低价库存,对获利形成额外挹注。不过,随着今年第三季记忆体价格逐渐稳定,低价库存红利也基本消化完毕,后续模组厂营运将逐渐回归常态,营收及获利表现会比较稳定,不再像过去一样受惠于记忆体价格快速上涨及低价库存价差,未来营运成长将更多回归正常供货与销售表现。

束崇万指出,目前记忆体价格已处于高档,若再进一步涨价,市场供应端也未必有足够货源支撑。从供需情况来看,Flash因供货相对较多,后续是否面临市场竞争仍有待观察;DRAM缺货情况则比Flash更为严重,且明年上半年供应仍相当吃紧,近期已接获供应商通知,明年上半年供货量不多,目前也持续与供应商协商,希望维持既有供应水准。

至于中国记忆体厂扩产是否对市场价格造成压力,束崇万认为,短期影响仍有限,目前台湾及跨国客户对中国记忆体产品的接受度仍不高,尤其美国及欧洲大型客户多有采用限制,部分客户甚至明确要求不得使用中国产品,主要考量产品最终仍可能销往美国市场,因此目前尚未明显观察到竞争对手因采用中国零件而取得成本优势。

创见第三季营收160.67亿元,季减14.60%、年增291.08%、毛利率56.50%,季减20.53个百分点、年增11.29个百分点、营业利益率52.36%,季减22.73个百分点、年增15.54个百分点、税后纯益69.25亿元,季减41.80%、年增358.29%、每股纯益16.11元,累计前三季税后纯益269.44亿元,年增1068.87%,每股纯益62.74元。

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      "title": "巨亨速报 - Factset 最新调查:大立光(3008-TW)EPS预估上修至190元,预估目标价为5220元",
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      "title": "闳康(3587)出售上海子公司80%股权引进策略投资人、加速AI高阶分析全球布局",
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    "title": "创见董座:记忆体进一步涨价空间有限 模组厂营运回归稳定常态",
    "shortTitle": "创见董座:记忆体进一步涨价空间有限 模组厂营运回归稳定常态",
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    "description": "创见束崇万称记忆体已在高档,第四季营运估与第三季差不多。
DRAM明年上半年供应仍吃紧,Flash供货较多;低价库存红利已近尾声。
创见前三季EPS 62.74元;中国记忆体厂扩产短期对价格影响有限。",
    "img": "https://cimg.cnyes.cool/prod/news/6650122/l/8118eeba4a7b36b9a12fa277a745cb41.jpg",
    "content": "<p>记忆体模组厂创见(2451-TW)董事长束崇万指出,现阶段记忆体价格已处于相对高档,进一步涨价空间有限,预期第四季营运表现与第三季差不多;明年DRAM供应虽然仍将持续吃紧,尤其明年第一季供货量可能进一步减少,但随着低价库存红利逐渐消退,模组厂营收及获利也将回归较稳定的常态。</p>\n<p style=\"text-align:center;\"><img src=\"https://cimg.cnyes.cool/prod/news/6650122/l/8118eeba4a7b36b9a12fa277a745cb41.jpg\" alt=\"创见董座:记忆体进一步涨价空间有限 模组厂营运回归稳定常态\" style=\"width:50%;height:auto;border-radius:6px;margin:15px auto;display:block;\"></p>\n\n\n<p>束崇万表示,第三季以来记忆体价格大致维持稳定,模组厂持续受惠于低价库存,对获利形成额外挹注。不过,随着今年第三季记忆体价格逐渐稳定,低价库存红利也基本消化完毕,后续模组厂营运将逐渐回归常态,营收及获利表现会比较稳定,不再像过去一样受惠于记忆体价格快速上涨及低价库存价差,未来营运成长将更多回归正常供货与销售表现。</p>\n\n<p>束崇万指出,目前记忆体价格已处于高档,若再进一步涨价,市场供应端也未必有足够货源支撑。从供需情况来看,Flash因供货相对较多,后续是否面临市场竞争仍有待观察;DRAM缺货情况则比Flash更为严重,且明年上半年供应仍相当吃紧,近期已接获供应商通知,明年上半年供货量不多,目前也持续与供应商协商,希望维持既有供应水准。</p>\n\n<p>至于中国记忆体厂扩产是否对市场价格造成压力,束崇万认为,短期影响仍有限,目前台湾及跨国客户对中国记忆体产品的接受度仍不高,尤其美国及欧洲大型客户多有采用限制,部分客户甚至明确要求不得使用中国产品,主要考量产品最终仍可能销往美国市场,因此目前尚未明显观察到竞争对手因采用中国零件而取得成本优势。</p>\n\n<p>创见第三季营收160.67亿元,季减14.60%、年增291.08%、毛利率56.50%,季减20.53个百分点、年增11.29个百分点、营业利益率52.36%,季减22.73个百分点、年增15.54个百分点、税后纯益69.25亿元,季减41.80%、年增358.29%、每股纯益16.11元,累计前三季税后纯益269.44亿元,年增1068.87%,每股纯益62.74元。</p><div class=\"related-articles seo-links\">\n  <h4>相关阅读</h4>\n  <ul>\n    <li><a href=\"/new/tw/article-8883.html\" title=\"巨亨速报 - Factset 最新调查:华航(2610-TW)目标价调升至25.7元,幅度约4.9%\">巨亨速报 - Factset 最新调查:华航(2610-TW)目标价调升至25.7元,幅度约4.9%</a></li>\n    <li><a href=\"/new/tw/article-18751.html\" title=\"营收速报  - 大量(3167)9月营收13.04亿元年增率高达172.33%\">营收速报  - 大量(3167)9月营收13.04亿元年增率高达172.33%</a></li>\n    <li><a href=\"/new/tw/article-7763.html\" title=\"盘中速报 - 柜买市场加权指数上涨15.14点至397.1点,涨幅3.96%\">盘中速报 - 柜买市场加权指数上涨15.14点至397.1点,涨幅3.96%</a></li>\n    <li><a href=\"/new/tw/article-16418.html\" title=\"〈台股开盘〉台积电领军电权股上攻 早盘涨近800点站上47000点\">〈台股开盘〉台积电领军电权股上攻 早盘涨近800点站上47000点</a></li>\n    <li><a href=\"/new/tw/article-7729.html\" title=\"台股盘前|台股暴涨 1,783 点强攻,观察今日补量与 Alphabet、Tesla 财报\">台股盘前|台股暴涨 1,783 点强攻,观察今日补量与 Alphabet、Tesla 财报</a></li>\n    <li><a href=\"/new/tw/article-6392.html\" title=\"光通讯新兵报到 正文小金鸡威世波7/16登兴柜 中坜新厂10月启用\">光通讯新兵报到 正文小金鸡威世波7/16登兴柜 中坜新厂10月启用</a></li>\n  </ul>\n</div>",
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