DRAM price drops sharply

Posted on Thursday, September 25 2008 @ 4:12 CEST by Thomas De Maesschalck

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.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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