Samsung still leading the NAND flash market

When talking about the flash memory market, Samsung has been the leading brand for many years and this will not change in the close future. According to the latest reports, Samsung Electronics managed to sell almost twice as much as Toshiba, also achieving a much faster growth rate.

Quoting market research data from DRAMeXchange, BusinessKorea writes that "Samsung Electronics reached US$14.151 billion in NAND flash memory sales last year while the sales of the runner-up, Toshiba, stood at US$7.898 billion. Last year, Samsung Electronics’ NAND flash memory sales increased 34% from a year ago whereas Toshiba showed an increase of only 18.4%."

Last year, the gap between Samsung and Toshiba was larger than $6 billion for the first time. Samsung is expected to remain the market leader and to further increase its sales since Toshiba currently seems to have a hard time overall. The Japanese company is currently trying to sell its semiconductor division to cover the losses incurred by its nuclear power generation business in the US.