The market for Flash memory will be worth more than $17bn next year, according to analysts in Korea, the world's main Flash production centre.
The market for the most commonly used Flash memory type, Nand Flash, is growing some 27 per cent per annum, and is expected to reach $13.5bn this year and $17.1bn in 2007.
"Amid stabilising DRam prices, the Nand Flash memory market is recovering," said Michael Hoosik Min, an analyst at Korea Investment and Securities.
"We recommend investors to focus on the second half of the year, the high season, and the market's growth rate until 2007."
Media players and digital cameras each take up approximately one third of Flash production, according to data from IDC. Handsets and USB drives both account for approximately 10 per cent.
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