ISuppli cut its 2008 global revenue forecast for NAND flash memor...
ISuppli cut its 2008 global revenue forecast for NAND flash memory to a single-digit rise from a 27 percent jump because Apple shrank orders for iPod key memory components. Apple’s flash purchases were seen as rising 32 percent this…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
year, increasing NAND chip sales, iSuppli said. Last year Apple spending on memory for CE devices was $1.2 billion, 13.1 percent of the world market, the research firm said. Samsung, a major NAND supplier for Apple’s iPod, has scrambled lately to land more customers for its chips (CED Jan 30 p5). These include Kingston Technology, said to be buying 8 GB-equivalent flash memory. When Apple downscaled NAND purchases in 2006, a supply glut send prices down 70 percent-plus between January and September, analysts have said. Since November 2006 prices have tumbled 40 to 50 percent, analysts said. As a result of Apple’s decision, 2008 NAND revenues will rise “marginally” over last year’s $13.9 billion, iSuppli said. NAND revenue grew 12.5 percent last year over 2006, the firm said. Capital spending on NAND production is expected to jump 20 percent this year, likely meaning price drops, iSuppli said.