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Technology Stocks : WDC/Sandisk Corporation
WDC 158.02+5.2%9:30 AM EST

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From: BeenRetired5/20/2016 12:21:23 PM
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"Global 1Q16 NAND flash market posts 2.9% decrease"...........................................

Global 1Q16 NAND flash market posts 2.9% decrease, says DRAMeXchange
Jessie Shen, DIGITIMES, Taipei [Friday 20 May 2016]
Branded NAND flash vendors saw their combined revenues decline further to US$8.06 billion in the first quarter of 2016, according to DRAMeXchange. During the quarter, falling chip ASPs was more significant than the industry's bit shipment growth.

NAND flash contract prices fell by about 10% in the first quarter of 2016 driven by market oversupply, said DRAMeXchange. Meanwhile, weak shipments of smartphones, tablets and notebooks resulted in a 13-18% drop in prices of eMMC and client SSD products during the quarter.

Revenues of the global NAND flash industry fell 2.9% sequentially in the first quarter of 2016, which marked the second consecutive quarter of on-quarter decreases, DRAMeXchange indicated.

Samsung Electronics remained the leading NAND flash vendor with a 35.1% market share in the first quarter, followed by Toshiba with a 21.6% share and SanDisk with a 15.1% share, according to DRAMeXchange.

NAND flash vendors will confront deceleration in their revenue growth during 2016, due to a declining consumer electronics market, DRAMeXchange noted. Demand for 2016 will likely depend only on growth in memory content per box.
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