Chu Woosik Quotations

We have raised DRAM contract prices in February on strong demand.

Lower NAND prices would boost demand in a few months' time. We still see a 40 percent annual fall in NAND prices.

New addition to the market is not going to be that large at least for the time being. On the other hand, demand is really burgeoning.

Regarding market rumors questioning a supply of NAND flash for game consoles, it's not correct.

Whether it's NAND or hard disc drive, game consoles currently do not require large amount of storage in the first place.

We get the sense that it's still a strong, resilient world out there.

The expected NAND price decline for the first quarter as a whole will be slightly greater than the 15% decline we had expected initially.

We could do little over 29.5 million in the first quarter.

The trend will likely continue through the first half.

Anything 40-inch and above is still quite expensive for the consumers. We are making very active investments to bring the prices down.

The fourth quarter was one of the strongest fourth quarters that we've ever had.

The market is really growing a lot faster than expected.