Traditional memory module manufacturers are currently facing challenges in shipping memory cards and flash drives, according to the latest analysis by DRAMeXchange, a division of TrendForce. These products, which are major sources of revenue for these companies, are struggling the market due to the rise of cloud storage services and the increasing emphasis on high-density flash storage design that is driven by Apple’s iPhones.
WitsView, a division of TrendForce, has made downward revisions to shipment forecasts of monitors and notebooks for this year’s second and third quarters according to its latest research. The revision is based on the depreciation of the euro and the emerging markets’ currencies as well as other factors.
Earlier in May, American electric car maker Tesla Motors Inc. made a splash in the energy sector when it revealed a new type of lithium battery packs for home and enterprise applications. Tesla touted its new line of energy storage systems, known as Power Wall, would fundamentally change the way the world uses energy and get the world’s consumption of power down to zero carbon levels.