DRAM Prices Plummet, Micron Technology Posts Record Loss
With many economies under inflation and other factors influencing a weak demand, these are perhaps the worst days for several companies involved in manufacture, marketing and distribution of DRAM and related products. While on the surface, all the consumer can see is a falling market price, in reality it is a composed chaos.
DigiTimes reports a falling demand for DRAM in the Asia-Pacific region as the Chinese government cracks down on users of contraband DRAM products brought in from manufacturing states. The government crackdown began with the thousands of internet-shacks and the components (both hardware and software) they used. All this comes ahead of the 2008 Beijing Olympics as a 'purge drive'. As a result, thousands of internet-shacks have been closed, bans have been imposed on the use of contraband hardware, most of which consist of DRAM related hardware. China also brought about changes in their customs routines and procedures making it extremely complicated for importers, stepping up waiting queues, affecting markets and more importantly, dampening demand.
DigiTimes reports a falling demand for DRAM in the Asia-Pacific region as the Chinese government cracks down on users of contraband DRAM products brought in from manufacturing states. The government crackdown began with the thousands of internet-shacks and the components (both hardware and software) they used. All this comes ahead of the 2008 Beijing Olympics as a 'purge drive'. As a result, thousands of internet-shacks have been closed, bans have been imposed on the use of contraband hardware, most of which consist of DRAM related hardware. China also brought about changes in their customs routines and procedures making it extremely complicated for importers, stepping up waiting queues, affecting markets and more importantly, dampening demand.