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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (58525)	1/8/2002 4:19:15 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Tuesday January 8, 12:58 PM Samsung Electronics raises chip prices by 25-30 percent sg.news.yahoo.com South Korea's Samsung Electronics Co. has raised its memory chip prices by between 25 and 30 percent beginning January, industry sources said. "Samsung Electronics recently raised contract prices for memory chips by between 25 and 30 percent, which are applicable until mid-January," said a semiconductor industry analyst, Kim Young-June of Kyobo Securities Co. "This means that Samsung Electronics is likely to shift back into the black in its semiconductor operations in the three months to March," he said. A spokesman of Samsung Electronics also indicated that the company had raised chip prices but declined to give details. The latest raise has brought the contract price of a 128-megabit Dynamic Random Access Memory (DRAM) chip manufactured by Samsung and supplied to PC makers to somewhere between 2.3 and 2.4 dollars, analysts said. Samsung Electronics is expected to increase its contract prices again around the end of January as suppliers' prices to customers are some 25 percent lower than stock market prices, they said. Spot market prices of a 128-megabit DRAM chip hover around three dollars, more than three times higher than early November. Another South Korean semiconductor giant, financially-troubled Hynix Semiconductor Inc., also raised its memory chip prices by 30 percent this month.