Prices of dynamic random access memory (DRAM) chips rose in the beginning of March, reported market research firm DRAMeXchange yesterday.

According to the firm, the mainstream DDR3 2Gb chip had a contract price of US$1, up 6.38 percent from the end of February.

DRAMeXchange attributed the price hike to murky supply situations in the market, as the future of Japan-based Elpida is still up in the air.

According to DRAMeXchange, DDR3 2Gb spot prices have fluctuated drastically, ever since Elpida filed for a restructuring. An upward trend in prices hasn't been so noticeable, indicating demands are still weak, it said.

With reduced PC shipments expected for this year, an oversupply of DRAM is inevitable, and the withdrawal of certain firms from the industry is the only solution to maintain market equilibrium, it said.

By: DocMemory
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