Lucas123 writes: The price of consumer-class NAND flash memory is expected to drop to $1 per gigabyte of capacity by the end of this year, representing a halving of the cost since the beginning of the year, according to a new forecast by iSuppli. The precipitous drop is expected to jump-start solid state drive sales, which began to take off in 2008 but then stuttered and stalled later that year due to an enormous jump in prices due to a NAND flash shortage. The drop in pricing is largely due to new technology which allows 3-bit-per cell versus the traditional 2-bit-per-cell multi-level cell (MLC) flash used on consumer-class products, such as laptops and tablets. In order to beat out HDDs, however, the price of SSDs must drop further the report states.
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