Spot prices for NAND flash jump 12 percent

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The spot price for 2Gbit NAND flash memory has risen 12 percent since last Friday after Chang-Gyu Hwang, president of Memory Division, Device Solution Network of Samsung Electronics, visited the company's Taiwan-based customers last Wednesday and stated that NAND flash prices will not drop further, according to sources.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.