On March 17, following SanDisk's previous notice that NAND flash memory quotations will be raised on April 1, due to the production reduction of Samsung Electronics and SK Hynix, Micron recently experienced a power outage at the Singapore NAND factory, resulting in tight NAND supply. Micron, Samsung Electronics, SK Hynix and other manufacturers will increase NAND flash memory quotations from April. NAND prices rose faster than originally expected.