Short-term volatility hits high-tech prices

In the fast-paced, hi-tech world of computer memory manufacturing, Korea is home to some of the world's most exciting companies. However, better production techniques are increasing DRAM output beyond even the present rocketing global demand. This is exerting substantial pricing pressure on the producers as the fight for market share intensifies. The rough benchmark for the market strength is traditionally the 64MB DRAM spot price. This has dropped from $9 in December last year to under $7 as at mid-February. The high levels of stockpiling should maintain the downward pressure into the ne...