Beyond posting about OCZ's swap from 34nm to 25nm NAND on Friday, it looks like OCZ has another response that basically offers, for a price, to upgrade to faster 34nm drives.
I have to say, as someone that advises much larger storage players, this is becoming a fiasco solely because OCZ does not re-name/ badge the Vertex 2 25nm drives Vertex 2 SE or something. The "E" designation in the model number apparently does not guarantee 25nm vs 34nm flash either according to that tread.
For a small player in the storage market, OCZ really needs to fix this soon or they are in for trouble. Unlike the larger players, OCZ does not make NAND and basically cannot get in a price war with the big guys because Samsung, Intel, Micron and etc. can just bleed margin to squeeze OCZ. (OCZ by the way just secured a $25m loan with Silicon Valley bank last week.)
Still with negative EBITDA, and under $160M in revenue, OCZ needs to figure out customer service and scale before one of the big guys decides to take OCZ's market.
Anyone else following this?
I have to say, as someone that advises much larger storage players, this is becoming a fiasco solely because OCZ does not re-name/ badge the Vertex 2 25nm drives Vertex 2 SE or something. The "E" designation in the model number apparently does not guarantee 25nm vs 34nm flash either according to that tread.
For a small player in the storage market, OCZ really needs to fix this soon or they are in for trouble. Unlike the larger players, OCZ does not make NAND and basically cannot get in a price war with the big guys because Samsung, Intel, Micron and etc. can just bleed margin to squeeze OCZ. (OCZ by the way just secured a $25m loan with Silicon Valley bank last week.)
Still with negative EBITDA, and under $160M in revenue, OCZ needs to figure out customer service and scale before one of the big guys decides to take OCZ's market.
Anyone else following this?