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TAP TIMES       -32-                                     AUGUST 2022


             Top suppliers see big gains                        Macronix Ranked second with $942 million
              in small NOR flash market                         and captured 33% NOR marketshare. NOR
                                                                represented 52% of Macronix’s total IC
        SCOTTSDALE, Arizona — Strong unit                       sales in 2021.
        demand and robust ASP gains lifted
        total NOR flash market 63% in 2021,                     Transition to 45nm process
        according to IC Insights.                               Essentially all of its NOR devices were
                                                                produced using 75nm and 55nm process
        Sales soared to $2.9 billion                            technology last year but in 2Q22, the com-
        While NOR flash memory represented only                 pany began its transition to 45nm NOR
        4% of the total flash memory market in                  flash production.  Communications, auto-
        2021, sales of NOR flash devices soared                 motive, and industrial/medical applications
        last year to $2.9 billion, according to data            were the big growth drivers for Macronix’s
        released in IC Insights’ 2Q Update to The               NOR flash business in 2021.
        McClean Report 2022.

                                                                Third-ranked GigaDevice doubled its NOR
        NOR unit shipments increased 33%
        last year while the average selling price               flash sales in 2021 and expects another
        jumped 23%.  The 2Q Update also fore-                   solid year for its NOR flash sales in 2022.
        casts the NOR flash market will rise anoth-             Demand for its NOR flash last year was
        er 21% to $3.5 billion in 2022.                         mostly from automotive applications.

        3 sellers account for 91% of market                     While NOR flash is not a serious contender
        Three companies accounted for 91% of                    for most new, high-capacity storage ap-
        NOR flash memory sales in 2021.                         plications, it remains a useful and reliable
                                                                memory option for code storage and in
        Winbond was the largest NOR flash sup-                  many low-end embedded applications.
        plier with sales that topped $1.0 billion,
        which amounted to 35% of NOR market-                    Automotive key component
        share.                                                  In the automotive space, for example,
                                                                                NOR is a key component in
                                                                                dashboard instrument clus-
                                                                                ters, infotainment systems,
                                                                                and advanced driver assis-
                                                                                tance systems (ADAS).


                                                                                In the industrial segment,
                                                                                NOR flash memory is used to
                                                                                provide consistent and se-
                                                                                cure access to code data and
                                                                                medical records of patients.
        Since 2011, Winbond manufactured most
        of its NOR products using 58nm technolo-                NOR flash is also part of the market for In-
        gy, but in 2021, the company transitioned               ternet of Things (IoT) applications, includ-
        to its 40nm-based process for most of its
        NOR products.                                           ing many new healthcare products that
                                                                provide remote diagnosis and monitoring.
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