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Could NAND prices be on the increase?

Rumours of high demand pushing up prices begin to surface

The makers of NAND are said to be thinking about increasing the price of their flash memory due to the high demand of the product, with companies like Samsung and SanDisk seeing the increase in unit sales due to the high increasing in the ever booming smartphone industry.

But what does all this mean to the consumer at the end of the day, well if prices increase on the actual hardware, it could be that device manufacturers pass that increase on to the consumer later this year, but with the release of iPhone 5 and of course the impending release of the Windows 8 devices it hardly seems like coincidence.

There are of course a lot of devices that use this type of memory but SSDs and Mobile applications take up the bulk at the moment and after prices falling for so long on this hardware it only seems normal to me that it would spike up and down from time to time, but overall I expect the price to still be going down over the next year or so, much like it always has.

Does this mean you should rush out and buy the products before the price goes up? Who knows, but surely increased demand is what's causing the issue in the first place.