NOR revenues to drop 15% in 2005
The NOR flash market, currently enduring a period of declining revenues, will have trouble exceeding NAND sales for the first time in 2005, according to Semico Research Corp. This transition has been accelerated by NOR oversupply coinciding with an unanticipated NAND shortage. Although the NOR market is bound to recover its strength after price declines subside, the 2005 oversupply will cause revenues to drop by 15%. Semico expects to see the market return in force, with revenues approaching $9 bln in 2006, zooming to a peak of more than $12 bln by 2008.