Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 237.50

-1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FJB who wrote (43161)	2/21/1999 8:39:00 AM
From: Chas	of 53903

The price of 64-Megabit synchronous DRAM is now hovering at between $10.5 and $11 in global spot markets, the price which deemed steep for a low-demand season. Sources said the price of 16M DRAM chips also has risen by 10 percent to the level of $2.4. "Global chip supply glut has almost eased due to the strong restructuring by major producers in Korea and Japan," said an executive at Samsung Electronics Co., the world's largest memory chipmaker. He said chip demand is increasing due to such favorable conditions as the year 2000 concerns, LG Semicon's two-week work stoppage and the planned release of Intel's new microprocessor, Pentium III. The Ministry of Commerce, Industry and Energy earlier predicted that Korea's semiconductor exports will reach $18.2 billion this year, up 8.5 percent from last year's $16.8 billion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next