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The flash memory business may be losing the only lifeline that's been keeping it afloat. And that may not be such a bad thing for the profitability of the flash memory companies.
With a glut of NAND flash chips already flooding the market and compressing prices to dangerously low levels, one research firm is predicting that demand for the chips is set to stall.
The expected fall-off in demand is so significant that iSuppli cut its projections for 2008 NAND flash revenue by two-thirds on Monday. Instead of increasing 27% to $17.9 billion in 2008, global NAND flash memory revenue will increase only 9% to $15.2 billion, iSuppli said. ...
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