Flash memory device price reduced by 25%

Chip manufacturing companies will have to undergo a product price decline at a "faster than expected" rate. NAND chips will fall by a quarter of the price in the first quarter of 2006.

Hynix technology firm (South Korea) also predicts that the price of this flash memory chip will be half that at the end of 2006.

Previously, many technology experts identified the memory market for mobile devices such as cameras, mobile phones, MP3 players . will be stable this summer. However, Park Young-joo, an analyst at Woori Investment, said: " NAND prices will be at least until the end of the second quarter. But Hynix will still get high interest rates thanks to that chip line. ".

The NAND market grew by 65% ​​and generated US $ 10.6 billion in revenue in 2005. Hynix is ​​currently ranked No. 3 among the leading flash memory companies with a market share of 16.8%. . Samsung still took the lead when accounting for 50.4% of the market, followed by Toshiba (19%).