|In Brief: Toshiba, SanDisk fast-forward flash chip production|
|Posted by: Infoworld on Feb 22nd, 2005 4:30 AM|
|News from Infoworld|
Toshiba and SanDisk will produce more flash memory chips on more advanced technology earlier than the companies previously intended. A new factory in Yokkaichi, Japan, will start producing nand-type flash memory by December, ahead of a schedule Toshiba announced in April to begin production between October this year and April next year, said a company spokesman. Flash memory stores data even when the power supply is switched off. Nand flash is the kind of memory that's used in USB storage devices and camera memory cards. The change in production schedule is to meet increasing demand for the chips. To meet the demand, the factory will also be producing more chips than the companies had announced in April 2004, the spokesman said. Toshiba expects the flash market to grow over 30 percent a year from 2004 until 2008. The flash market is expected to triple in size to about $20 billion over the same period, according to the company.