China to consume nearly 30% of the world's flash, 21% of DRAM

Chinese domestic DRAM and NAND flash consumption is dramatically increasing with the rise in popularity of Chinese PCs and smartphones, according to a new report from TrendForce.

China this year will purchase $12 billion worth of DRAM and $6.67 billion worth of NAND flash, representing 21.6% and 29.1% of the global revenues for those markets, respectively.