Flash memory prices set to drop
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According
to an article today published by Reuters the price of NAND flash memory
(the basic building block for almost all removable flash media) is set
to drop dramatically on the back of price cuts announced by Toshiba and
Samsung (two of the largest manufacturers of NAND flash). It appears Toshiba
and Samsung are cutting prices in the face of strong competition from
upcoming competitors like Infineon, Hynix and Micron. The price cuts amount
to an almost halving of the cost of NAND flash compared to October last
year. We are beginning to see the oligopoly between Toshiba and Samsung
hang on to the last stages of its life, and I'm sure they will want to
maximize it while they can," Eric Stang, the chief executive of Lexar
Media Inc, told a conference last week.
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