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DRAM price drops sharply

Posted on Thursday, September 25 2008 @ 04:12:09 CEST by

DigiTimes spotted contract prices of DRAM chips have dropped sharply in the second half of this month as demand is dropping:
Contract quotes for mainstream 1Gb DDR chips declined 16-19%, with the average price hitting a historical low of US$1.44, compared to a spot price of US$1.42, DRAMeXchange said. The latest average quotes for the second half of September were down almost 40% from pricing in July, the Chinese-language Economic Daily News (EDN) quoted DRAMeXchange as indicating.

Meanwhile, contract pricing for 1GB and 2GB DDR2 modules for the second half of September also dropped in a range of 13-15%, to a low of US$14.5 and US$29, respectively, DRAMeXchange added.



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