Memory IC market to increase 10 percent in 2017
 

Two new IC companies to enter market by late 2017

According to a new report from IC insights, the market for DRAM and NAND flash ICs is expected to increase 10 percent in 2017 after weak market conditions left the market in a 1 percent decline by the end of 2016.

The report indicates that the memory market increased more than 20 percent consecutively in 2013 and 2014, but then fell upon difficult times in 2015 following slow system demand, excess inventory levels and steep price cuts. This resulted in a 3 percent decline in the 2015 memory market to $78 billion.

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