SanDisk CEO sees extended stability in NAND flash market

By Noel Randewich (Reuters) - The rising cost of building state-of-the-art memory chip factories is making manufacturers think twice about adding new capacity, increasing the likelihood of strong prices, the chief executive of SanDisk said. Sanjay Mehrotra told analysts at a conference on Wednesday that even as demand grows for flash memory, used in smartphones, tablets and solid-state drives, chipmakers are adding little new capacity. Following an industry slump in memory chip prices last year that hurt manufacturers, prices for memory chips have been strengthening in 2013. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/sandisk-ceo-sees-extended-stability-nand-flash-market-172056870.html