Fast Growing Bit-Demand & Falling Capex

A fast year full of action is what we look back upon here on the NAND flash spot market in Hong Kong, the place where USB flash drive suppliers and manufacturers of SSD memory, SD cards and mobile devices that use flash memory are busy trading wholesale volumes of NAND flash memory chips.

Let's look into some of the milestones of 2009's core price developments, sum up the current NAND flash market situation and give you our general forecast for NAND flash memory prices and market trends in 2010...

Mid-Autumn Festival in China

Due to the upcoming Chinese National Day on 1st October and the traditional Mid-Autumn Festival, also called the Moon Cake Festival - entire China is halting its production for at least four days as all factories, offices and governmental institutions are returning to their homes to celebrate these events, or decide to take this opportunity and go on a well deserved holiday with their families.

Our Sales Team will still be up running and taking orders during the holidays, but minor delays in delivery times especially of high-volume batches of USB flash drives are to be expected. Production will be back on full speed by 2nd week of October.

NAND Flash Prices: Stability in Sight?

Prices have been on a strong and steady upwards trend, leaving downstream vendors, USB flash drive manufacturers and wholesale traders to buffer out the general recovery of NAND flash memory prices.

Let's have a look back at what happened, analyze the current NAND market trends and come up with a forecast and a general outlook on the price landscape for NAND flash memory during 3rd/4th Quarter.

Prosperity through Persistence

We'd like to warmly welcome the new spring and wish you all a prosperous, successful, and healthy Year of the Ox with rich opportunities for all those who grow and cultivate their strength through continual efforts.

The Ox stands for prosperity through fortitude, hard work and persistence. And we look forward to that.

Already having moved well into the new zodiac of the Earth Ox, we're excited about the new chances and opportunities that this New Lunar Year is going to bring. One thing is certain: it's going to be a year with plenty of work. We shall reap what we sow, but first we must plow.

1Q 2009: NAND Flash Prices Go Up

After a major price increase of NAND flash memory prices around the end of December last year, when the price for 4GB and 8GB went up by around 15% to round off the seasonal sales of 2008 and further flush out inventories of mid-stream players and smaller plants, the last couple of days have shown a serious price increase of up to 40% on 4GB and 8GB NAND flash memory, and this just in time before the market halts for the annual Lunar New Year celebrations.

We take a closer look at what's going on the turbulent NAND flash memory market and let you know of the current movements. These days are full of action...

Exhibition Time in Hong Kong

This year the timing is more than convenient: within the same week travelers from abroad will have the opportunity to visit three major trade venues and exhibitions in Hong Kong and China that focus on consumer electronics, electronic products, computers, various IT products and of course also USB flash drives.

MoonCake Time in China

The Mid-Autumn Festival, also called the Moon Cake Festival, is one of the two most important festivals of the Chinese calender. Just as every year, this year's festival will fall on the 15th day of the 8th month, which happens to be from this Saturday 13th to Monday 15th. It will thus not affect our every day business much this year, only cause a slight delay for orders otherwise being processed on Saturdays. So let's unite, lay back and enjoy those Moon Cakes: 快乐到鼠大团圆!

NAND Flash Prices 4Q 2008

Reports say that also Hynix' main competitor Samsung is further expanding it's production capacities to gain advantage of their current leading position on the NAND flash market, and to flex muscles and stabilize their current stance by putting further pressure on both newcomers and the more established players.

Referred to as Chinas economical powerhouse, the Pearl River Delta is known for its thousands of manufacturing enterprises and factories producing high-tech products, IT equipment and consumer electronics for worldwide exports.

Fortunately none of our main suppliers or partnering USB flash drive factories have been directly affected, but the entire province is experiencing transportation difficulties and economical losses due to the thunderstorms that are also starting to show impact on some of the local manufacturers and factories throughout the Pearl River Delta.