According to businesskorea, a survey by related agencies shows that the price of DRAM has slumped by nearly 20% in the past two months due to the decline in demand.
According to market research firm Tiburon Consulting, the average contract price of an 8Gb DDR4 DRAM chip for personal computers fell 14.03 percent from $3.35 to $2.88 in July this year, the highest since February 2019 and the first time since 2020 that it fell below $3.
In the third quarter, DRAM and NAND flash prices are expected to fall 5 percent to 10 percent and 8 percent to 13 percent, respectively. This means that Samsung Electronics and SK Hynix could perform poorly in the second half of the year.
According to a survey by foreign media, the price of DRAM spot has fallen 18% since the decline began on June 10, and is down 20% compared to the price at the beginning of this year.
The survey also shows that DRAM spot prices have dropped significantly this week, with the average price of 8GB DDR4 DRAM, for example, dropping to $2.91 on Thursday, down 11% from $3.27 earlier this month.
As the global economic outlook is not optimistic, leading to a decline in demand, industry watchers and research institutions are also pessimistic about the price outlook for DRAM, and the performance of related manufacturers will also be affected.
And it is worth noting that research institutions have predicted that the global DRAM market is not ideal this year, will be even less optimistic next year, the market size will only grow 8.3%, the first time in history below 10%, demand is expected to grow 14%, the situation of oversupply will be more serious.
In the global DRAM market, Samsung Electronics and SK Hynix accounted for more than 70% of the share, much higher than other manufacturers, if the price decline, their performance will be affected.
