Memory makers have halted disclosing contract prices of DRAM in Q2 2024, following a major earthquake in Taiwan, which may point to potential price hikes. The earthquake disrupted wafer fab operations, impacting supply as Micron, Samsung Electronics, and SK Hynix are among those affected, reports DigiTimes. This situation may lead to sharper price increases than anticipated, as the industry was already aiming for higher prices before the quake, in a bid to recoup losses memory makers incurred in the previous years.
Micron ceased offering product quotes for the second quarter, shortly after the earthquake, with its Korean rivals quickly following suit. Industry insiders revealed that these leading memory chip manufacturers had already initiated measures to maintain a rising trend in their product prices before the April 3 quake. Now, it seems highly probable that the price hikes may be more pronounced than previously expected.
