Wednesday 4 May 2011]Worldwide DRAM revenues came to US$8.3 billion in the first quarter of 2011, down 4% from US$8.6 billion in the prior quarter, according to DRAMeXchange. Average contract prices fell 30% sequentially in the first quarter, while output rose 15%.Output was driven by suppliers' push into advanced production processes. However, due to weaker-than-expected PC demand and lower content per box growth, DRAM ASPs were dragged down by oversupply in the first quarter.Average contract prices for 2GB DDR3 modules in the first quarter of 2011 declined by 30% on a sequential basis to US$16.70, while spot quotes for 1333MHz 1Gb DDR3 chips decreased 26.7% to US$1.10, according .In addition,  projects that DRAM chipmakers' capex for 2011 will reach a combined US$7.5 billion, 36% less than a total of NT$11.76 billion allocated last year. In 2011, Korea-, Japan- and US-based firms will transition to their 30nm-class node technologies while Taiwan's players settle on 40nm-class processes,said an increasing number of DRAM companies are shifting their business focus to mobile DRAM and server-use memory products in a move to reduce their reliance on the PC market.