Hynix stops shipping NAND flash to spot market

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Hynix Semiconductor announced it stopped supplying NAND flash to the spot market on July 8, amid strong demand from consumer electronics customers, according to market sources. Looks like NAND prices might be going up, but then again almost everything is.

After raising its 2Gbit NAND flash quotes to over US$9 in mid-July, Hynix has now announced that no excess stock would be reserved for the spot market, as the NAND flash producer is seeing growing demand.

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