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Spansion close to 40 percent NOR flash market share
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Market share figures from iSuppli Corp, show that Spansion has seen NOR flash growth of 7.5 percent in the second quarter of 2008, reaching nearly 40 percent overall market share. Spansion is now the third largest supplier in the overall Flash memory market rankings. Spansion said that it had now surpassed its nearest rival Numonyx.
“Since the company’s IPO in 2005, Spansion has continued to execute against its strategy to leverage MirrorBit technology to create differentiated solutions,” said Mark DeVoss, senior analyst for iSuppli. “The strategy seems to be paying off, as we’ve seen Spansion increase their share, now at nearly 40 percent for NOR. With new technologies on the horizon such as the Spansion EcoRAM™ solution, and with sales of MirrorBit ORNAND2 technology the potential exists for Spansion to continue its share growth.”
iSuppli anticipates that the flash memory market will continue to be one of the fastest growing semiconductor segments.