Posted on Friday, February 25 2011 @ 20:29 CET by Thomas De Maesschalck
Elpida CEO Yulio Sakamoto
announced a price raise for the company's DRAM products in early March 2011. Sakamoto says DRAM demand and supply will be more balanced, as many chip suppliers are flocking into the rising NAND flash production market.
For instance, prices for 2Gb DDR3 chips are set to increase to US$2.30-2.50 from the current US$2.10, Sakamoto said.
Sakamoto reiterated his optimism that DRAM demand will start picking up in March, as PC companies are now more willing to purchase in larger volumes and client inventories continue to fall.
Sakamoto said that supply of DRAM memory is likely to shrink as many chip suppliers allocate more capacity to NAND flash production in order to keep pace with the rising demand coming from the smartphone and tablet PC sectors. An expected reduction in DRAM supply will be able to prop up prices starting March, Sakamoto added.
