Quiet market sustained in the NAND Flash spot market this week with most demand is coming from high density products including 64Gb MLC and 128Gb MLC. As of noon session of November 25, spot price of a 32Gb MLC flat at USD3.34 while a 64Gb MLC rose 1% to USD5.82.

For the NAND Flash contract market, prices are expected to going down in December with currently no production cut strategy have being made from major suppliers. Despite of no price improvement in the contract market, demand from the e-book is exceeding market expectation and the vendor might revise up their guidance on their annual target shipments by 50%.