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.Yesterday Japanese memory maker Elpida announced it aims to raise DRAM chip prices by 20 percent in April.
"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.
Samsung wants to raise DRAM prices
Posted on Wednesday, April 02 2008 @ 2:15 CEST by Thomas De Maesschalck