Global Semiconductor Market Expects Rise in Price and Demand for DRAM Chips
Hong Kong, Aug 19, 2009 (JCN) - The global semiconductor market expects a steady rise in the price and demand for DRAM chips, according to ISuppli. The report forecasts that the price of DRAM chips would climb 10.2 percent in the third quarter. Although this is down from the 20-percent-level price rise in the previous quarter, the upward movement suggests that the DRAM market is recovering.
According to iSuppli, the DRAM market contracted 19.5 percent on-quarter in the first quarter of this year but rebounded at 37.9 percent in the second quarter. The market will continue to grow at the 20-percent level into the third and fourth quarters, making a full recovery, the researcher forecast.
The rising prices are attributable to plunging supplies caused by ongoing restructuring in the industry since early this year, coupled with stockpiling by PC manufacturers for the year-end high demand season.
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