Hynix Semiconductor announced its stopped supplying NAND flash to the spot market on July 8, amid strong demand from consumer electronics customers.

Soon after raising its 2Gbit NAND flash quotes to over US$9 in mid-July, Hynix has now announced that no excess stock would be reserved for the spot market, as the NAND flash producer is seeing growing demand.

Procurement amounts from Apple continue escalating while Sony has also ramped up its sourcing from Samsung Electronics, buoyed by growing demand for NAND flash based MP3 players, the sources indicated, the source noted.

Spot price for 2Gbit NAND flash increased 7.86% from June 19 to July 19, with quotes currently set at US$11.71, according to DRAMeXchange.

In related news, local memory module makers are also bullish on NAND flash demand. Inventory among customers are easing while demand from various regions are picking up, with demand from Europe growing the most rapidly, according to sources at memory module houses.

Transcend Information claimed that the proportion of NAND flash sales has exceeded 40% for the company, and its margins should grow by 2 percentage points to 15% in the third quarter.

A-Data Technology has also reported that its proportion of NAND flash sales has also risen, and is approaching 30% of its overall sales.

By: DocMemory
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