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NAND Revenues Band Up

Revenues of the global NAND flash memory industry increased 4.4 percent to US$17 billion in the third quarter of 2018, despite memory prices falling 10-15 percent, according to DRAMeXchange.

With suppliers raising their 64/72-layer 3D NAND production yields, the industry output grew steadily in the third quarter, the report says.

However, demand failed to catch up with supply, despite the quarter being the traditional peak season for smartphones and other electronics products.

The tight supply of Intel’s notebook processors and disappointing sales of the latest Apple iPhones led to the lower-than-expected demand.

Oversupply is expected to persist in the fourth quarter of 2018, said DRAMeXchange.

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