Market Share of NOR Flash Memory Industry
The NOR Flash Memory market is moderately competitive, with major vendors such as Infineon, Micron Technology, GigaDevice Semiconductor (Beijing) Inc., and Winbond Electronics Corporation dominating the market. High entry barriers make it difficult for new players to enter the market. Existing vendors are investing heavily in researching and developing new and innovative products.
In May 2023, GigaDevice, a leading flash memory manufacturer, launched GD25LE128EXH, the industry's smallest 128Mb SPI NOR Flash in the ultra-compact 3x3x0.4mm FO-USON8 package. According to the company, with only 0.4m thickness, the GD25LE128EXH offers unparalleled flexibility in designing compact applications, making it the ideal code storage unit for wearables, IoT, healthcare, and networking products that demand low power consumption and high functionality.
In March 2023, GigaDevice introduced the GD25UF series of SPI NOR Flash in its strategic roadmap of 1.2V Flash products, which support systems-on-chip (SoCs) and applications processors built on advanced function nodes. The GD25UF SPI NOR Flash products are optimized for applications that require ultra-low power consumption or a small board footprint.
NOR Flash Memory Market Leaders
Infineon Technologies AG
Micron Technology Inc.,
GigaDevice Semiconductor Inc,
Macronix International Co. Ltd.
Winbond Elctronics Corporation
*Disclaimer: Major Players sorted in no particular order
