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Samsung wants to raise DRAM prices

Posted on Wednesday, April 02 2008 @ 02:15:08 CEST by

Most enthusiasts know DRAM prices have dropped a lot but it seems that this trend may reverse as Samsung is planning a single digit percentage increase in DRAM prices this month.
Chu Woosik, executive vice president in charge of investor relations at the world's top maker of memory chips, told Reuters by telephone on Tuesday that the South Korean company was considering raising contract prices for dynamic random access memory (DRAM) chips -- widely used in personal computers.

"We think we have hit a bottom" in the memory market, Chu said. But he added that current market conditions did not warrant big price increase.

Samsung also said in a statement that no decision had been made on the issue.
Yesterday Japanese memory maker Elpida announced it aims to raise DRAM chip prices by 20 percent in April.



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