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Article: Semico Says USB Flash Drives to Grow to Over $3.8 Billion Dollars.
- Article from:
- Business Wire
- Article date:
- November 11, 2002
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Business Editors & Technology Writers
PHOENIX--(BUSINESS WIRE)--Nov. 11, 2002
USB Flash Drives are poised to become an exploding market. Today's shipments are under 10 million units per year; but, according to a recently published Semico Research Corp. study, "Will USB Flash Drives Change Our Lives?" by 2006 they will have mushroomed to nearly 50 million units.
"The utility of this device has resonated with computer users, and adoption is growing quickly," said Jim Handy, director of non-volatile memory at Semico Research. "Some of the early acceptance can certainly be attributed to novelty, but the greater part seems to be the convenience and ...