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|25th January 2003, 13:49||#1|
Join Date: May 2002
Sell, sell, sell! Memory prices crashing
How true is this?
Chinese New Year, stock clearance, whatever
By INQUIRER staff: Friday 24 January 2003, 10:34
DOUBLE DATA RATE (DDR) memory prices are crashing through the floor today amidst claims that some of the big memory manufacturers, the Dramurai, are dumping stock like there's no tomorrow.
For example, 256MB DDR modules are costing as little as $36 and that's causing a number of brokers and memory dealers to clear up their stock, big time.
The Chinese New Year appears to be one reason for the swift decline in prices, but there's also a move by one or two manufacturers to empty their warehouses of DRAM, for tax and accounting reasons.
In fact, DDR 32MX8 chips are at a 52 week low – so there's not many reasons to be cheerful if you're a Dramurai in 2003.
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