Every successful product needs to maintain a stable and secure supply of its components so that it can continue to meet market demand. Apple, with the frank success of the iPhone, did no different and has already secured Toshiba's quota for future units. With 5.2 million devices sold in the last quarter, the iPhone has sparked not only the growth of the NAND flash memory industry, but has also inspired other devices to adopt the technology.
ISuppli believes that global sales of NAND flash memory sales should reach a level of US $ 932.5 million in 2013, with an annual growth of 41.1% from the US $ 166.5 million achieved in the last year.
NAND flash manufacturers can thank Apple Inc. for starting this trend, which through the iPhone has injected new life into the memory market, ”says analyst Michael Yang.
And the company's entry into the Chinese market with a potential of almost a billion customers has left suppliers abuzz with the promise of sales constantly growing. Be it Palm Pres, BlackBerries Storm, G1s or iPhones, which manufacturers want more and more smartphone models to use the technology to meet consumers' need to store music, videos, applications and games.
"We see flash as a key component (for Apple), because, as you know, we use it in many of our products," recently said Tim Cook, COO of Ma.
(Via: Fortune Brainstorm Tech.)
