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Samsung bests rivals in Q1 NOR flash sales

Posted: 11 May 2007 ?? ?Print Version ?Bookmark and Share

Keywords:NOR flash market? flash memory products? Samsung NOR flash memory?

A market research report found that Samsung Electronics Co. has expanded its foothold in the NOR flash market with a revenue growth in Q1, while other major NOR vendors suffered revenue drops, according to Korea Herald report.

iSuppli Corp. reported that Samsung's sales went up 1.9 percent to $210 million from $206 million in Q4 2006. The South Korean company was the only one among the top five suppliers to achieve revenue growth. Top NOR supplier Spansion, saw Q1 revenue drop 8.6 percent to $628 million from $687 million in the previous quarter.

Intel suffered the worst, the report said, with 19.6 percent revenue decline to $427 million, from $531 million in the previous quarter, followed by STMicroelectronics, which saw a 12.6 percent fall.

Global NOR flash revenue slid 11.9 percent to $1.9 billion in Q1 from $2.1 billion in Q4, the report said.

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