Monday, May 10, 1999
TOKYO (Nikkei)--The price of 64 megabit DRAMs on spot markets have plunged to a record low of around 6.7 dollars a chip, down 17% from the end of March and 30% lower than mid-February.
The previous all-time low of 6.9 dollars was marked in June last year. Some purchasers have begun to conclude contracts at 6-6.5 dollars per chip.
The sharp price drop is attributed to a drastic rise in production of memory chips by Taiwan, European and U.S. manufacturers and comes despite increased demand for memory chips from personal computer makers.
Micron Technology Inc. of the U.S., a Siemens group firm in Germany and Taiwanese manufacturers have begun to offer 64M DRAMs at the 6 dollar level because they are cutting production costs, as a result of shrinking chip sizes and improved production yields.
If the price of 64M chips falls to around 6 dollars, major Japanese manufacturers are each expected to post several tens of billion yen in losses a year.
By: CST Staff
Copyright © 2023 CST, Inc. All Rights Reserved
|
