DRAM 64Mb chips to hit $10 by year end
PrintKorea ups export forecast
Posted in Business, 23rd June 2000 14:45 GMT
Free whitepaper – PowerEdge M610-M710 spec sheet
Prices for 64Mb DRAM chips are set to hit $9 or $10 by the second half of this year, The Korea Times reports.
The Korean Minister of Commerce, Industry and Energy cited supply shortages as the prime reason behind the steady increase in memory cost, and said the drought looked likely to last until the end of the year.
The expected price hike was enough to cause officials to readjust the country's DRAM export forecast for this year - up from $23.5 billion to $24.5 billion.
"The prices of the 64Mb units broke the $7 barrier last month and have been trading in the $8 range this month and further increases are expected as supply remains short," one ministry official told the newspaper.
According to sources, Hyundai was today quoting $8.2 for (PC-100 8x8) chips. On the UK spot market, Dane-Elec was this afternoon selling 64MB DIMMs at $64-$65 - around $10 higher than at the start of June - and Memory Corp was quoting $63-$67. ®
Related Stories
DRAM prices rise (again)
Intel gives up on SDRAM version of Caminogate
Analyst Keynote: The Register Agile Data Center Summit
Automating the Acquisition Process with Enterprise Level CRM
Checklist: Midmarket ERP Solutions
Enabling the Agile Data Center
10 Steps to a Successful CRM Implementation
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter