Thanks in large part to rising iPad sales, iSuppli expects the tablet market's consumption of...

|By:, SA News Editor

Thanks in large part to rising iPad sales, iSuppli expects the tablet market's consumption of NAND flash memory to surge to 16.3B GB in 2015 from a mere 1.6B GB in 2011. NAND flash giant SanDisk (SNDK), which tumbled in January due to soft guidance and concerns about oversupply, has rallied in recent weeks partly due to hopes that the new iPad will give the NAND market a lift.