Friday, September 23, 2011
Prices of dynamic random access memory (DRAM) chips have surged by as much as 20 percent since the beginning of September, said market research firm DRAMeXchange yesterday.
According to the firm, the spot price for the mainstream DDR3 2-GB chip currently stands at US$1.21, an increase of 19.8 percent since the beginning of September. As for the DDR3 2-GB eTT, its spot price stands at US$1.12, rising 21.7 percent from the beginning of the month.
According to Pai Pei-lin, vice president of Nanya Technology, prices are now going up after falling steeply over the past few months. Stronger-than-expected demands for memory chips during the back-to-school season have led to inventory clearance efforts by clients, who are also bracing themselves for China's weeklong National Day vacation in early October, he said.
On top of that, some manufacturers have reduced capacity to help correct the current oversupply situation, a strategy that has apparently worked to lift prices, analysts said.
The DDR3 2 GB chip's spot price has now risen past the US$1.13 contract price quoted in the beginning of September. Whether the spot price increase will lead to a similar hike in contract prices remains to be seen, experts said.
By: DocMemory
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