Elpida CEO Yukio Sakamoto sounded upbeat on the outlook for DRAM memory, he expects prices will bounce back in January 2010.
DRAM prices are expected to bounce back in January 2010, according to Elpida Memory CEO Yukio Sakamoto, adding that he believes supply will run short of global DRAM demand in the upcoming year. Sakamoto also stressed Elpida's DRAM ties with Taiwan-based partners will remain close in the future.
Sakamoto projected that DRAM demand bit growth will reach 50% in 2010, outpacing worldwide supply bit growth of 40%. Improved market conditions will help stabilize DRAM prices, said Sakamoto, adding that the price of mainstream DRAM chips will fluctuate between US$1.80 and $2.50 next year.