China's Flash Consumption Grows To 30%; 8TB SSDs Are Coming (computerworld.com)

Lucas123 writes: Seven of the world's top 10 smartphone vendors hail from China as does PC giant Lenovo, which is driving up the amount of NAND flash and DRAM the country consumes. This year alone, China is expected to purchase nearly 30% of the world's NAND flash and 21% of its DRAM, according to a report from TrendForce. Additionally, state-backed companies are trying to break into Western markets with SSDs. For example, Sage Microelectronics (SageMicro), a four-year-old company based in Hangzhou, China, plans to release an 8TB SSD next month that will be based on eMMC flash, and it said it will release a 10TB drive next year. Update: 10/16 15:11 GMT by T : Note this interesting highlight from the second story linked above: SageMicron is selling not just drives that emphasize capacity over speed, but also a feature that will do doubt appeal to government agencies or private citizens intent on replicating Mission Impossible-style data wiping. The company's "Smart Destruction" function "can be set to erase encryption keys, perform a drive erase or physically fry the memory chips with a pulse of high voltage ... [and] can be triggered using a digital timer, a mobile phone instruction, or by simply pressing a button. 'Yes, it actually smokes sometimes when you push the button,' [Sage U.S. sales director Troy Rutt] said. 'People like that.'"

Comments

Decoupling of currency and Chinese economy

[roman_mir]

Like I said over the years, China is being held down by its currency peg. They have removed it and now Chinese currency will be able to go up when the USD will go down, allowing Chinese not to absorb USA the inflation created by the USA Federal reserve and the government. I fully expect Chinese to start consuming all of the products they produce, not just Flash SSD and the prices for all consumable goods will go down in Chinese currency but up in other currencies, as the Chinese money will go up in value relative to other currencies.

Stock up on various non-perishable goods.