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To: Bipin Prasad who wrote (7896)2/4/1998 12:30:00 PM
From: Teri Skogerboe  Read Replies (1) | Respond to of 13565
 
Story posted at noon EST/9 a.m. PST, 2/2/98

Flash, solid-state disk demand to grow 61.3% in '98, says report

SANTA BARBARA, Calif.--The demand for solid-state disk and flash memory-based storage units will reach 6.7 million units in 1998, more than double the 3.2 million shipped in 1997, according to new market statistics released today by Peripheral Research Corp. here.

The market research firm said market revenues will grow 61.3% in 1998, reaching $458 million compared to $284 million in 1997.

In the 1998 Solid State Disk and Flash Memory Market and Technology Report, the Peripheral Research concludes that aggressive price
reductions in flash and other non-volatile memory segments has set the stage for extremely high growth. Solid-state disk pricing has declined from an average price of $30 per Mbyte in 1997 to around $15 per Mbyte in 1998, said the report. The price of storage should continue to decline at this same rate for the foreseeable future, added the report.

Similarly, flash memory has declined in average price from $24 per Mbyte 1997 to $16 per Mbyte in this year. All solid-state memory pricing should be less than $5 per MB by the year 2000, the market research firm said.