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Update on the Situation in Japan and Flash Memory

The rolling blackouts and outages continue in Japan, as well as the fear of even more widespread radioactive pollution from the Fukushima Dai-ichi Nuclear power plant and any disruptions this may cause.  There are not only problems with the NAND flash supply, but there have been supply chain disruptions for wafer manufacturers and other electronic component manufacturers.    We are still getting details slowly and there is still much confusion and fear in the market place.  We have been able to purchase inventory and are currently quoting spot market prices that are valid till 4:00PM EDT of the same day.  For larger quantities we are confirming inventory availability and pricing daily on an order by order basis.  We continue to work to ensure as little disruption to you, our distributor partners as possible.  We appreciate your support and will continue to provide updates as they are available and the picture begins to clear and pricing / inventory  picture firms up.

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