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 Flash Memory Price Will Increase Higher!, Rumors Said "a fire in a Samsung Factory

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cks2k2
post Aug 15 2007, 09:59 AM

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QUOTE(RiCHBoyZ @ Aug 15 2007, 08:57 AM)
Flash memory prices for everyone in China have been climbing like crazy these last two weeks.

Chinese factories are being told by their flash suppliers that it's due to a huge shortfall of production caused by "a fire in a Samsung factory". Samsung, the worldwide leader in flash memory production, has been forced to shut down six of its chip production lines after a power outage occurred at a plant near Seoul. Samsung originally said the plant would be down for two days, but reported it was up by mid-day on Saturday August 4th. Now, 10 days after this accident the prices for flash are even climbing higher.

Another rumour surfacing among Chinese electronics insiders is that the enormous - and perhaps unpredicted - success of the newly released Apple iPhone can be blamed.
Source Here
I said just wait and see - richboyz!
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Flash is hardly profitable anymore; I suspect Samsung is using the fire as an excuse to force prices up.
The iPhone is hardly as successful as the iPod + Apple can always go for other flash manufacturers if Samsung fails to produce the goods.

 

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