Numonyx beats Spansion in NOR revenue race

According to market analyst iSuppli, Numonyx gained significant traction in the second quarter, having attained $330m in Q1, while Spansion's revenue declined from $398m in the same period. Earlier this year, Spansion declared Chapter 11 and announced that it would focus on the embedded memory segment while abandoning the wireless market. Leaving a gap in the wireless market, in which other NOR companies such as Numonyx and Samsung took advantage of the additional business opportunities. ISuppli predicts that Numonyx will continue to pull away from Spansion during the reorganisation. However, it also predicts that Spansion will be a strong player in the flash memory market, aided by growth in applications such as set top boxes, Blu-ray players and medical imagine systems. The supplier ranking reveals that Samsung's third place was a result of growth of $19m from Q1 to Q2, while fourth place Macronix increased its revenue from $58m to $91m in the same period.