Business Technology

SanDisk Leads Consumer Storage Market In Indian In Quarter One

US-located SanDisk carried on to rule the consumer storage market in India with 47% share in the market (in terms of units exported) in the quarter one of this year. This was as per a report rolled out this week.

Singapore-located Strontium sustained at 2nd place and Samsung (South Korean tech behemoth) stood 3rd, overtaking Sony. This comes after the consumer storage flash memory market in India saw 14% increment in the quarter one in comparison to same quarter in 2017, as per a report by CMR (CyberMedia Research).

“In spite of the increment in the sale of gigantic in-built memory handsets, Micro-SD cards made its path to be the vanguard and turned out to be the main growth provider,” claimed Lead Analyst at CyberMedia Research, Shipra Sinha, to the media in an interview.

The quarter saw a transfer towards 32 GB capacity sector.

This sector saw 46% chronological increment in terms of unit exported. The 64 GB capacity sector also saw a chronological increment of 49% in terms of unit exported.

The 16 GB capacity sector carried on to have a lion’s share in this pie.

“On the other hand, with the advent of IoT and AI, and the elevating volumes of information extracted via them, the consumer flash storage market will see an elevation over the next few years,” Sinha claimed.

Recently, SanDisk launched the highest-capacity microSD card in the world for utilization in handsets. It is a 400 GB Ultra microSDXC UHS-I. Having a price tag of at $249.99, this SD card has a warranty of 10 Years from the firm. The firm is also stating that this card is able to transfer data at a speed of almost 100MB/s that comprises transferring of 1,200 high-quality images within a minute. SanDisk was also the first company to toll out a 200 GB-capacity microSD card.

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Shivangi Mehra

Shivangi holds a degree in Masters in Business Administration, from S. P. Jain Institute of Management and Research College, in the field of business and finance. She has been active in industry since 6 years, and has written for various well known publications as well. Her articles have been featured several times in regional news and as global tech news. Her unique style of writing, and in-depth analysis skills regarding the past trends and upcoming scope of opportunities makes her a perfect choice for her designation as an Editor for Latest Industry News.

Email: shivangi.m@latestindustrynews.com

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