Intel plans to raise prices for processors that contain flash memory technology by as much as 40 percent on Jan. 1 in response to increased demand.
The Santa Clara, Calif.-based chipmaker said Monday that demand for processors with flash memory–used to store information in handhelds, cell phones and other devices–is rising as equipment makers add new features, such as digital cameras and color screens. Intel spokesman Tom Beerman said the company plans to raise prices on Jan. 1.
High-performance flash chips that can store the most data will see prices jump around 40 percent, Beerman said. Yet the company expects price hikes ranging from 20 to 40 percent across the product line, he added.
The hikes are “driven primarily by demand for cell phones,” Beerman said. “There is supply, but it is tightening.”
Full story @ cnet
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