China-Based SSD Manufacturer Longsys Acquires Lexar From Micron

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I'd be curious what the actual flash drive market is like now. When you figure on the rise of cloud storage and sharing, market saturation and the like. I'd imagine the market has taken a hit.

Most people have no need of a large capacity model. Odds are they have at least one and likely several.

Smartphones are moving away from SD card readers. I doubt most phone owners even bother to install one.

Digitial cameras and camcorders have been a long dying market. As smartphones satisfy most peoples needs. Mainly the market is down to hobbyists, pros and folks who haven't bought a smartphone yet.

My guess Micron realized it was time to jump ship while the Lexar brand was still valuable. Let someone else worry about that market.
 
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