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SK Hynix shifting more production to DRAM after price jump |
September 13, 2013
SK Hynix will increase DRAM production at its headquarters, the company said Friday, following a price spike in memory chips after a fire at a company factory in China.The South Korean memory chip supplier is shifting the production to Icheon, South Korea, "in order to minimize disruptions" in its DRAM supply, it said in an email. Last week, a fire broke out at the company's DRAM factory in Wuxi, China, sparking worries it would create a major shortage in DRAM chips, which are used in PCs, smartphones, and tablets.Since the fire, prices for DRAM chips have gone up 27 percent, according to DRAMeXchange, which tracks the market. The Wuxi facility contributes 10 percent of the world's DRAM production.The factory partially resumed operations on Sept. 7, when one of its fabrication lines not affected by the fire restarted production. The company said Friday Chinese safety authorities were still inspecting the facility's remaining fabrication line.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2048682/sk-hynix-shifting-more-production-to-dram-after-price-jump.html#tk.rss_all
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