At least two manufacturers have reduced their 2TB SSD to less than $100 over the past days on Amazon, an extraordinary floor price reached outside of Amazon Prime Day and Black Friday/Cyber Monday.

Teamgroup, with its SATA-based AX2, and Leven are the first to have breached the $50 per TB barrier, and it is likely that many more will follow in the incoming weeks/months.

According to analyst firm TrendForce, NAND flash, the basic building block of all so-called solid state storage (e.g. SSD, eMMC, microSD cards, flash drives etc) has been in oversupply caused by a combination of increased inventory and drop in demand (both from consumers and enterprises). This in turn is going to cause some companies to reduce their prices significantly by as much as 20% as we approach the end of the year.

Read more at TechRadar.com

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