A price correction in the DRAM and NAND flash spot markets continued this week (May 10-14), resulting in mild price drops.
Spot prices of the mainstream DRAM chips posted a 1% drop in the week. As of noon of May 14, 1Gb DDR2 and DDR3 averaged at US$2.55 and US$2.79, respectively.
No big transactions were seen in the Greater China area this week. The short-lived price rebound as seen on Wednesday failed to sustain due to weak demand. Leading memory module houses revised down quotes for both 2GB DDR2 and DDR3 by 5-9%.
The NAND flash spot market was also weak, as the price trend remained unclear. Though some traders/brokers speculated that the possible launch of a new Apple iPhone would drive up prices, many others were hesitant to make procurement.
As of noon of May 14, 16Gb and 32Gb multi-level cell (MLC) NAND flash closed at US$3.90 and US$7.19, respectively.