at CNBC.com (Wed, 6:27PM)
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.
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