Some downstream DRAM chip clients reportedly are planning to sign long-term purchasing contracts with Micron Technology in order to ensure steady supply of memory chips, according to industry sources.

　　Following its integration with Elpida Memory, Inotera Memories and Rexchip Electronics, Micron currently boasts a production capacity of 200,000 wafers a month, making the US-based memory chipmaker a strong potential supplier on a long-term basis, the sources noted.

　　DRAM chip buyers also aim to cushion the impacts of foreign exchange fluctuations through long-term contracts, viewing that the US dollar is likely to strengthen when the US quantitative easing monetary policy comes to an end, said the sources.

　　Additionally, DRAM chip prices are likely to stay at relatively high levels in the second half of 2014 due to tight supply, encouraging chip buyers to look for long-term contracts, commented the sources.