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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

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To: Knighty Tin who wrote (27101)1/24/1998 9:13:00 PM
From: DJBEINO  Read Replies (1) of 53903
 
Prices Of 64M DRAMs For Large-Lot Users Fall 20% In Dec

TOKYO (Nikkei)-Semiconductor makers and large-lot users, such as personal computer and memory board manufacturers, reached a basic agreement to cut 64 megabit DRAM chip prices in December by 20% on average from the previous month, due to the market glut.

The benchmark price of extended data out-RAM (EDO) was concluded with a range from 1,500 yen to 1,700 yen, down 500 yen, or 24%, month on month. The highly functional synchronous chip was priced down 15% at around 2,200 yen.

NEC Corp., Fujitsu Ltd. and other semiconductor makers initially wanted to price EDO at around 2,000 yen, but later gave way to large-lot users demanding the price equal the domestic spot price, which plunged to around 1,600 yen in December.

However, many spot traders predict the EDO price for large-lot users will rise in January, as spot prices are reversing course due to reduced output by chipmakers in Japan and South Korea.

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