Samsung says flash demand stronger than expected

South Korea's Samsung Electronics Co. Ltd. said on Wednesday demand for flash memory chips was stronger than expected and played down market concerns over a steep price fall.

Global chip makers are spending heavily to boost capacity and that has triggered a sharp price fall in flash memory, used in products such as digital cameras, music players and cell phones, casting a shadow over Samsung's profits in the second quarter.

Source: Sign On San Diego


Posted: Thu - June 23, 2005 at 10:27 AM