Monday, October 7, 2013

DRAM prices jump after Hynix manufacturing facility fire

DRAM supplies from Hynix's fabrication (fab) plant in Wuxi, China, aren't expected to return to normal until next year after a fire severely damaged that facility, according to a new report.

In the meantime, DRAM prices are up 35 percent since the fire, as looming supply constraints prevail and there appears to be no rush by DRAM makers to sign new contracts, according to the report from analysts at investment bank PiperJaffray.

The fire that blazed for almost two hours on September 4 damaged equipment used for making PC DRAM, which sent memory prices skyrocketing .

Hynix said it would make every effort to ramp up its Waxi-based fab operations to return to normal DRAM production by this November, a prediction PiperJaffray contested.

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Source: http://www.pcworld.com/article/2052599/dram-prices-jump-after-hynix-manufacturing-facility-fire.html#tk.rss_all

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