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Flash storage uses tiny electrical gates to store data without needing power, unlike traditional hard drives. This makes it super fast and durable, perfect for smartphones like the iPhone mentioned in the story. Rising memory prices, as highlighted in the article, directly impact the cost of these flash components, affecting phone prices.
Stories that explain this
iPhone sales rise as global smartphone market hits 13-year lowQuestions this opens up
What are NAND gates? How do SSDs work? Why is flash so fast?Related explainers
What is flash storage? Why aren't iPhones cheaper? What is consumer spending? Global tech slowdown Should I wait to upgrade? What are memory prices? Why do phones get expensive? UK phone sales slumpThe full catalogue
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