Samsung moves to lower flash memory prices

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Oooh! Lower prices on memory cards. Bring it on Samsung! Now, if they can only use this same 70 nanometer technology to create their new NAND flash hard drive maybe that would place it within the average consumer’s price range.

Samsung Electronics has started producing its first NAND flash memory chips on an advanced process, a move that will help lower the cost of memory cards for consumers in time for the year-end shopping season, according to an analyst.

South Korea’s Samsung has started producing memory chips on a 70 nanometer (nm) process technology, the most advanced in the industry for this type of memory, it said Monday.

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