Monday, March 20, 2006

Samsung forced to cut flash memory prices

Samsung has been forced to cut NAND flash memory pricing because of “weaker-than-expected” iPod sales and competition from SanDisk, according to a report. “With weaker-than-expected iPod nano sales this year, Samsung has been trying to maintain control over its inventory levels by dumping excess stock with memory module makers,” reports Digitimes. “Samsung is pushing its products hardest with companies that it has close ties with, but other firms are receiving attractive quotes from the memory maker as well.”

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