Strontium foresees uptrend in memory market

Singapore based Strontium Technology expects strong demand for NAND Flash and DRAM till 2014.

Sharing the trends that are shaping up memory market across globe as well as in India, at the recently held members' meet of Association for Information Technology (AIT), Bengaluru, the company said the supply side consolidation and strong demand from smartphones and tablets will keep memory demand healthy and provide support to prices.

The company, which was the main sponsor at the event, also presented its plans and product roadmap for Southern India

Ajay Kogta, GM, Indian subcontinent, Strontium, said "Booming smartphones and tablets market will continue to drive demand for secondary storage like MicroSD cards, and partners who realign their businesses to include hardware around these new computing devices will stand to gain the most. AIT provided us a great platform to connect with channel partners."

Nalin R. Patel, president, AIT, said, "Bangalore partners were very excited in understanding the market dynamics of memory industry and it was very useful information for all AIT members. It is for the first time that Strontium has launched 24 carat gold and silver plated USB drives for corporate gifting. And all AITians will extend whole hearted support to Strontium products."