Published in Memory

NAND price hike possible

Strong demand to blame

Leading NAND makers are reportedly mulling a price hike due to strong demand for flash memory.

Samsung, Toshiba, SanDisk and SK Hynix are apparently seeing increased demand due to the booming smartphone sector. The result? NAND prices could go up by 10 to 15 percent my mid-November, Digitimes reports.

The news is hardly surprising as the iPhone 5 is about to go on sale, followed by the first batch of Windows Phone 8 devices and a few Androids here and there.

NAND capacity at SanDisk and Hynix has reportedly been fully booked by Apple already and the vast majority of new chips will probably end up in the iPhone 5 and upcoming iPad mini.

More here.

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