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microSD memory card prices spike 50 percent

Posted on Wednesday, December 24 2008 @ 04:06:16 CET by

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.



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