Smith & Associates | Tablets and Smart Phones Drive NAND Flash Market To Record High

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Tablets and Smart Phones Drive NAND Flash Market To Record High

Wednesday, 24 November 2010 06:44

Read this week's issue - Nov 22, 2010

The global NAND flash memory business will post record revenue in 2010 thanks to increased usage in smart phones and the newly invigorated tablet category, according to market research firm iSuppli Corp.

Revenue for NAND flash memory in 2010 is projected to reach $18.7 billion, up a robust 38 percent from $13.5 billion last year, boosted in large part by surging use in consumer electronics devices like smart phones and Apple Inc.’s iPad. And with supply and demand both ramping up in the second half and well into next year, the NAND flash memory segment will continue to enjoy growth in 2011—albeit at a less torrid pace of 25 percent—to $22.5 billion, iSuppli data show.

Read more in the November 16, 2010 iSuppli "Tablets and Smart Phones Drive NAND Flash Market To Record High "

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