This year's plunge in NAND flash memory prices, which has taken a toll on SanDisk (SNDK) and...

|By:, SA News Editor

This year's plunge in NAND flash memory prices, which has taken a toll on SanDisk (SNDK) and Micron's (MU) margins and stock prices, continued in the second half of April thanks to weak purchasing activity from Chinese buyers and muted end-market demand. The industry hopes strong demand for solid-state drives and mobile devices will offset weak sales of memory cards and USB drives.