SEOUL Samsung Electronics Co, the world’s top technology firm by revenue, forecast on Friday global computer memory chip shipments would increase by 10 percent or slightly more in the current quarter and said it plans to grow faster than the broader market. The world’s top memory chipmaker sees global shipments of NAND chips growing in the mid-20 percents in the current quarter sequentially, led by new mobile product launches, and Samsung again plans to grow faster than the market. (Reporting by Miyoung Kim; Editing by John Mair)
LOS ANGELES Prices for DRAM chips are falling at a faster rate amid a lack of recovery for personal-computer sales, with Japan’s Nikkei business daily Thursday quoting an unnamed official at a major DRAM maker as saying buyers drastically cut their procurement plans this month. Prices for mainline 2-gigabit DRAMs hit a five-month low in the first half of August, dropping 9% from their recent late-June high, the report said. While DRAM demand usually picks up in September ahead of the year-end shopping season, some major PC makers are apparently holding back on their purchases due to large inventory levels, prompting the price cuts, the report said.