The global DRAM memory industry's output value grew 11.3% sequentially to record-high US$25.69 billion in the second quarter of 2018, according to figures from research firm DRAMeXchange.

DRAM prices rallied during the quarter as the supply stayed tight. Contract prices of most DRAM products grew around 3% sequentially on average in the second quarter, while prices of graphics DRAM chips surged by nearly 15% on quarter, thanks to a pick-up in demand for cryptocurrency mining, said DRAMeXchange.

PC DRAM contract prices for the third quarter have come to an average of US$34.50, a 1.5% rise on quarter. "The upswing in PC DRAM contract prices has moderated considerably for the third quarter of 2018," DRAMeXchange noted. "On the whole, DRAM prices are almost at their peaks."

It is unlikely contract prices will register significant growth sequentially in the fourth quarter, DRAMeXchange indicated. Major suppliers will have their additional new capacities come online while growth on the demand side is "fairly limited," DRAMeXchange continued.

Industry leader Samsung Electronics held a 43.6% share of the global DRAM market in the second quarter of 2018, followed by SK Hynix with a 29.9% share and Micron Technology with a 21.6% share, according to DRAMeXchange.

By: DocMemory
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