IC Insights recently updated the forecast for the growth rate of the chip market in 2016 to 1%, and the growth rate in 2017 was corrected to 4%; and analysts from both institutions believe that the memory prices have increased and the smart phone manufacturers in China The use of higher-capacity memory in the new product is the driving force behind the growth of the overall IC market. Jones said that DRAM prices should rise by 20-30% in the second half of the year, offsetting the decline in the past year or so; the price of NAND flash memory has also increased, increasing by 36.2% in 2016, making the overall NAND market size 6.2% growth. He expects DRAM prices will only decline slightly in 2017, and NAND prices will remain at the level of 0.28 to 0.35 US dollars.