DRAM price surge expected to continue in Q2: DRAMeXchange

SEOUL-- Global dynamic random-access memory chip prices are expected to rise further in the second quarter on demand for PC and server DRAM chips, according to memory chip price tracking firm DRAMexchange.

DRAM sales hit a record high of $14.1 billion in the first quarter due to an at least 30 percent increase in the average contract price of PC DRAM modules. First-quarter DRAM sales jumped by 13.4 percent from a quarter earlier, the company said.

DRAMeXchange, a division of global market analyst TrendForce, expected average DRAM prices to increase by more than 10 percent in the second quarter.

That's because "the mobile DRAM market has cooled down temporarily, but the server DRAM market is still quite hot in this second quarter," the firm said in a statement.

Industry people said an increasing demand for premium PCs which require high-density DRAM chips is pushing up global DRAM prices.

Currently, South Korea's two chipmakers Samsung Electronics Co., SK hynix Inc. together account for more than 70 percent of the global DRAM market.

Source: Yonhap News Agency

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