DRAM makers squeeze supplies, prices rise, surprise, surprise
But can it last?
DRAM prices are on the up again, thanks to makers manipulating the roller-coaster memory market. Memory broker DMC Europe was today pricing chips at $6, making a 64MB PC 100 module $50, and a 128MB DIMM $100. This compares to $5.70 yesterday, putting a 64MB DIMM at $48. Prices are also up on Friday, when they were $5.40 and $46 respectively. Dane-Elec was also quoting $6 today. Alan Stanley, general manager, said the rise was due to a concerted effort from manufacturers such as Hyundai and Micron to hoist prices. DMC agreed that vendors were deliberately pushing up prices. "We understand Hyundai and some of the other Far Eastern manufacturers are starving the market to drive the price up," said Andrew MacKenzie, vice president of DMC Europe. Chip prices are expected to hit $7 by the end of the week, at which level it is expected to stabilise, he added. ® Related stories DRAM spot, contract price gap grows Bumper year ahead for DRAM DRAM prices on the up again Armed thieves hi-jack Dane-Elec van – again