Higher DRAM and NAND Prices this Year, if Suppliers can Control Output

[Sabotaged_Enigma]

They're gonna catch fire or be flooded then

 

[Wirko]

If you're in the computer hardware manufacturing business and you see your prices falling do the following:

Step 1, get some industry "insider" or financial company to say that they are forecasting higher prices in your product.
Step 2, get tech websites and youtubers to talk about what the "insider" said to cause panic in consumers
Step 3, consumers start buying more of your products
Step 4, raise your prices throughout the year even though nothing really changed.
Step 5, once your sales start to dry up, start lowering prices again to get consumers to buy
Step 6, repeat.

That's fine because if you're Jane Consumer, yo do the following:
At Step 3, you buy some products called MU and WDC at a little known tech store called, I think, "Nasdaq"
At Step 5, you sell what you bought at Step 3 and buy a few real SSDs that you need, and then a few more because they are cheap.

 

[trsttte]

Funny how drug Cartels are illegal, but Oil and Semiconductors ones are perfectly fine, and even government sponsored.
This is no different, sadly.

I meant about the "Cartel" notion, not the type of it necessarily...

The word cartel has quite a different meaning between those two contexts though. Drug cartels often still involve groups colluding and price fixing but the term is used to describe gang factions selling an illegal products who "compete" (aka wage wars on the streets) between each other to dominate the market unlike regular business cartels. It's still funny that the term is most recognized and more often used to describe kind of the wrong thing than it's actual meaning though.

 

[sam_86314]

And this is why I decided against returning my 4TB MP34. All decent 4TB drives are now like $250.

If only price fixing was illegal...

Yes, I know that it is illegal in the US, but the FTC is an absolute joke when it comes to enforcing anything

 

[Icon Charlie]

I am so glad more people have started to notice.

They just dress their strongarming with nice-sounding words and then their mindless drones buy their products, magically thinking that it's something else. "Muh inflation"

Just keep boycotting where you can and don't become a <<< consumer >>>

Agreed. This is nothing but market speak by talking heads.

 

[Wirko]

and don't become a <<< consumer >>>

How would you describe the stereotypical "\\\ consumer ///"?

The guy buying stuff when he needs it, regardless of price

or

The guy buying stuff because it's cheap?

 

[chrcoluk]

Incoming price fixing fines then.

Same players that were guilty on DDR4.

 

[onemanhitsquad]

I can tell that a lot of posters have never run a business , created a business , or gotten business degrees , and yet are modern day Milton Friedmans...quite comical

 

[GunShot]

I just love how CONSUMERS respond to these, CLEARLY, fear-mongering tactics from all of these sick companies; just so (predictably) CONSUMERS could go and run out and buy UNNECESSARY stuff (remember all the toilet tissues were sold off the shelves doing the shutdown... ) and then gloat later... "I'm so glad that I/we purchased ours before... woot-woot" happened." Just... stop it!

The fact is, 4Q23 was the worst year in consumer's purchases, IN ALL SEGMENTS, in over 15-years! FIFTEEN+, folks!

These companies had played you due to their extremely poor sales. And... you deserved to be played!