According to recent iSuppli report, the mobile handset industry is proclaiming the end of the recession for the segment following an outstanding ?nal quarter of 2009 and a projected substantial growth for smart phones in 2010.
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NAND flash revenue in two key applications – Solid State Drives (SSDs) and Video Capture from Digital Video Cameras (DVCs) – will see compound annual growth rates (CAGR) of over 100 per cent through 2012, according to In-Stat.
The analysts said this will overcome some of the weaknesses in other segments of the NAND flash market and drive overall growth to 30 per cent CAGR.