TOSHIBA HAS ANNOUNCED THAT it wants to grab a 30 per cent share of the Solid State Drive (SSD) market and is starting production and assembly in the Phillipines in order to achieve that goal.
The Phillipino fab will initially produce SSDs for notebooks based on its 43nm NAND flash memory eventually moving production away from its Japanese plant in an effort to cut costs and boost output.
Toshiba is banking on huge growth in the SSD market with analysts Isuppli predicting that sales will jump dramatically from $84 million last year to over $12 billion by 2012.
SSD per GB prices are expected to start matching those of traditional spinning platter hard drives within two years.
Nikkei via Reuters