Memory-chip prices fall from pandemic highs

Seoul – The prices of memory chips packed into almost every electronic gadget have seen a meteoric rise during this pandemic. Now the prices have come down to levels which indicate that the possibility of a demand bounce is over.

According to Taiwanese market research firm Trendforce, the average contract price for a major type of memory, called DRAM, fell 10.6% during the April-to-June quarter compared to the previous year, the first time in two years. There was a decline. , Prices are expected to drop even more dramatically in the coming months.