The CEO of OCZ Technology Group, a major supplier of NAND flash chips, announced last week that the company would not be able to produce enough flash components to meet industry demand. As EE Times reports, the shortage in NAND components -- the chips that allow for smartphones and mobile devices to have high-density, low-power internal memory -- is said to be industry-wide and an outgrowth of the increasing demand for NAND supplies. The company believes that the supply situation will resolve itself, but it is moving to increase capacity by relying on new production processes.