Flash Drive market prices jump by as much as 212% in the past 14 days

August 12, 2007 (PRLEAP.COM) Business News
Zip Code: 90212 – Vancouver Canada - Release Date: August 12, 2007 -

Flash Drive market prices jump by as much as 212% in the past 14 days. FlashDriveDirect attempts to hold back the huge price increases by striking long-term deals with manufacturers.

In moves reminiscent of the turbulence of the latest Dow Jones insecurity, Flash Drive prices have increased by as much as 212% over the past 2 weeks. Chinese manufacturers claims price increase due to high demand as Flash Drive technology moves into the PC and I-Pod fields. Meanwhile major promotional products distributor Flash Drive Direct works to reduce prices by striking long term deals with Chinese factory’s.
“I feel that the tremendous price increase may be artificial to a degree, however with only 4 major flash drive manufacturing plants in China and with the increase in flash drive usage with computers, TV’s, camera and many other memory driven electronics it is understandable that the price will go up. What Flash Drive Direct has done to protect the promotional products customer is strike a long term pricing deal with the factory, essentially buying production time into the future” states promotional products guru John Graham.
Despite Flash Drive price spikes FlashDriveDirect launches major expansion to US operation.

Even in the face of huge price increases Flash Drive Direct has decided to further expand its US operations. “A driver for this business expansion is the high demand for environmentally friendly products” states the U.S’s largest promotional products reseller Corporate Express. Eco-friendly is most often seen as picking up trash and recycling. What is often not thought about is the use of energy and how that adversely affects the environment. The energy required to burn information onto a CD is up to 100 times the amount used to load the same information onto a Flash Drive. Multiply this use of energy (energy produced by burning coal, natural gas or hydro electricity) by the 1 billion CDs burned each year it becomes easy to see why Flash Drives are an environmental winner and why this company has chosen to expand its business.

To find out more on this story contact the writer at the information below.

CONTACT INFORMATION
John Graham
604-272-8809
Vancouver Canada
info@flashdrivedirect.com