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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 267.87-0.6%3:59 PM EST

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To: Proud_Infidel who wrote (4178)11/25/2002 10:07:25 AM
From: Road Walker  Read Replies (1) of 25522
 
Borrowed from Dan3 / AMD thread:

Intel to hike flash prices 20-40% starting January 1st
Cheng Chun-ping, Taipei; Jane Wang, DigiTimes.com [Monday 25 November 2002]

Intel plans to hike flash memory prices an estimated 20-40% starting January 1, which reflects its positive outlook on the non-volatile memory market next year and may prompt price increases from other suppliers, said World Peace Industrial (WPI), a Taiwanese distributor of Intel CPUs.

Intel Taiwan has confirmed the planned price increase, citing anticipated strong demand for mobile phones, PDAs and STBs (set-top boxes). Price increases will vary according to the density of the products.

Currently, around 90% of new mobile phones feature color displays, digital imaging or other data processing functions that use non-volatile memory. According to WPI, Intel expects supply to lag demand in the 2003 flash market, prompting the price hike. Intel, the largest flash supplier with a 30% share of the market, may lead the way in a rising flash price trend, WPI added.

Separately, WPI commented that most distributors had not foreseen the surge in urgent orders in October, and November memory chip prices and demand have not seen much of a drop. Products in short supply among distributors include DDR, CMOS sensors used in digital cameras and discrete components for power management, said WPI.
digitimes.com.
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