It's very clear, NAND flash saved the DRAM industry from a major collapse. 2005 was not a good year for the DRAM industry, but it could have been a lot worse.

NAND flash saved the DRAM industry from a major collapse.

The Dutch company was pushed out of the top 10 for only the fifth time in the last 25 years.

The supply of semiconductor devices is becoming more constrained, and the downward pressure on the average selling prices of devices seen in 2005 has eased. Any lengthening of device lead-times in coming months will be seen as further evidence of a tightening market.