Friday, May 12, 2006

Now Samsung Raises Prices

It just pays when you have more than 50% of the market cornered.

After all the complaints of various flash memory product makers and distributors, Samsung has finally raised the prices of flash memory chips. The reason for this is that there seems to be a recovery in demand after Christmas blues has been seemingly on the decline and buyers are ready to purchase again.

"The NAND memory chip prices tumbled early this year because of oversupply and cooling demand for digital gadgets after the year-end holidays."

"Chu said demand was driven by flash memory cards and expected manufacturers of consumer electronics devices to introduce higher-density NAND flash chips in their products throughout the year."

Samsung Elec raises flash chip prices, shares climb

Technorati tags: / / /

posted by Henry Marcos at 1:58 AM

Add To: / Digg / Furl / Technorati Favorites


Post a Comment

<< Home