Price Of DDR2 Memory Chips To Increase By 40%

There could a price hike in the market of DDR2 memory chips according to CENS later in the second quarter of this year.

Nanya Technology Corp. forecast global supplies of DRAM (dynamic random access memory (DRAM) chips will become tight in the second half this year, given the fact that the market recovery has begun taking hold in the first quarter of the year.

Nanya executives pointed out that market rebound will become stronger in the second quarter. They projected contract prices of 1Gb DDRII chips to surge at least 40% to US$2.5-3 apiece some time next quarter from current US$1.8 or so.

View the complete story here.