History 2002: 28% Decline for Flash Market from 2000 to 2001

As 2001 winds down, the flash memory market is solidifying and the revenue base is no longer gelatinous quicksand for suppliers, according to a recent market analysis report, Flash Suffers Weak End Market Demand; How Much Worse Will It Get? from iSuppli.

The report forecasts a revenue decline of more than 28.3% from 2000 to 2001 to reach $7.6 billion, and another drop in sales in 2002 of 20.8% despite a unit shipment forecast of about 17%, which translates to an average price decline of more than 32%.