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RBC thinks the ugly 2012 price declines seen for NAND flash memory are ending, after its checks...

May 29, 2012 4:31 PM ETSamsung Electronics Co., Ltd. (SSNLF) StockWDC, MU, SSNLFBy: Eric Jhonsa, SA News Editor
RBC thinks the ugly 2012 price declines seen for NAND flash memory are ending, after its checks indicate market giant Samsung (OTC:SSNLF) is limiting supply. The firm sees NAND spot prices holding steady or rebounding thanks to Samsung's efforts, along with strong demand from the smartphone and solid-state drive markets (ed: the latter could be boosted by ultrabooks and a cheaper MacBook Air). It maintains an Outperform on NAND vendors SanDisk (SNDK) and Micron (NASDAQ:MU).

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