microSD memory card prices spike 50 percent

Posted on Wednesday, December 24 2008 @ 4:06 CET by Thomas De Maesschalck

DigiTimes writes Samsung cut production of microSD memory, resulting in a 50 percent price increase in just one day:

With Toshiba and Hynix already reducing their NAND flash production in the fourth quarter, Samsung used the market situation to create a tight supply situation in order to boost the price of microSD cards and NAND flash, the market sources explained.

Toshiba reduced its NAND flash production by 30%, the market sources added. Memory module makers estimated that with limited shipments of NAND flash, prices would not drop before the Lunar New Year holidays.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments

Share this story!