NAND Flash prices to peak in mid-April: PHISON chair

The China Post news staff

TAIPEI, Taiwan — PHISON Electronics (群聯電子) Chairman Pan Jian-cheng (潘建成) yesterday predicted prices of NAND Flash memory will reach a peak in mid-April, with the price stabilizing toward the end of the month.

The memory sector has emerged from the stagnation seen last October and November, according to Pan, adding that demand has outstripped supply due to the rapid growth in tablet computers and smartphones

Pan indicated that since 2003, stock shortages have never persisted for more than five months; therefore prices are expected to stabilize toward the end of April.

Pan expects NAND prices to remain relatively stable with movement in prices limited to lower ranges.