Saturday, February 2nd 2008
Memory Giant Hynix Reports Huge Losses Due to Falling DRAM Prices
While memory prices continue to fall, allowing gamers and hardware enthusiasts everywhere to splurge on memory, it would seem as though this "golden age" of cheap memory is coming to an end. Hynix, mainly thanks to ridiculously low DRAM prices, reported a net loss of a half billion dollars last year. Hynix is also none too happy to announce that they do not expect things to get much better. DRAM prices are low/falling, and are expected to stay that way for quite some time. There are currently rumors that Hynix may consider exiting the memory business, despite strong sales in NAND flash technology.
Source:
The Inquirer
4 Comments on Memory Giant Hynix Reports Huge Losses Due to Falling DRAM Prices
trog
Odd thing is, they want high prices so that we can't afford to buy memory. Yet with low prices, we can buy it like crazy and it still doesn't help them :(