ID :
194781
Wed, 07/13/2011 - 12:12
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Shortlink :
https://oananews.org//node/194781
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DRAM prices hit 3-year low
SEOUL, July 13 (Yonhap) -- Prices of dynamic random access memory (DRAM) chips fell to a three-year low in the first half of this month due to a slowdown in global economic growth that hurt demand, industry data showed Wednesday.
According to Taiwan-based DRAMeXchange, the price of the benchmark DDR3 1-gigabit 128Mx8 1066-megahertz device plunged 9.09 percent from the second half of last month to US$0.84 in the first half of July.
It's the lowest price for the 1-gigabit product since 2009 and a sharp drop from when the price reached a high of $2.72 in May 2010.
Another DRAM product, the DDR 4-gigabit SO-DIMM 1077-megahertz device, stood at $31 in the first half of July, down 7.46 percent from two weeks ago. Other DRAM products slumped about 7 to 8 percent in the same period.
Even though the DRAM market has traditionally been stronger in the second half than the first half, industry sources and market watchers said they do not expect a significant rebound in prices down the road.
"Demand for DRAM will revive in coming months with the seasonally high demand in the second half of the year," said an official at Samsung Electronics Co., the world's largest DRAM maker.
"However, as the recovery of the global economy is slowing and demand for consumer electronics remains weak, the market will likely move in a tight range."
According to Taiwan-based DRAMeXchange, the price of the benchmark DDR3 1-gigabit 128Mx8 1066-megahertz device plunged 9.09 percent from the second half of last month to US$0.84 in the first half of July.
It's the lowest price for the 1-gigabit product since 2009 and a sharp drop from when the price reached a high of $2.72 in May 2010.
Another DRAM product, the DDR 4-gigabit SO-DIMM 1077-megahertz device, stood at $31 in the first half of July, down 7.46 percent from two weeks ago. Other DRAM products slumped about 7 to 8 percent in the same period.
Even though the DRAM market has traditionally been stronger in the second half than the first half, industry sources and market watchers said they do not expect a significant rebound in prices down the road.
"Demand for DRAM will revive in coming months with the seasonally high demand in the second half of the year," said an official at Samsung Electronics Co., the world's largest DRAM maker.
"However, as the recovery of the global economy is slowing and demand for consumer electronics remains weak, the market will likely move in a tight range."