The global market for NAND flash memory devices is forecast to hit $22.9 billion this year, up 8% from last year's $21.2 billion, partly driven by demand for ultrabook computers with solid-state drives, according to IHS iSuppli. Smartphones and tablets will also contribute to the healthy increase in sales. The market research firm sees the NAND flash market rising to $30.9 billion by 2016.

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