DRAM chip prices forecast to drop 13-18% in Q4 2022

Seoul: DRAM, or dynamic random-access memory, prices are estimated to post a quarterly decline of 13-18 per cent in the fourth quarter, steeper than the previous quarter, a report has said, as consumer demand for electronic devices remains stagnant and macroeconomic conditions aggravated.

Research firm TrendForce said rising inflation has significantly weakened the appetite for consumer products, likely to put cold water on the year-end holiday shopping demand.

Lower demand, it said, would lead to DRAM’s bigger price drops from the 10-15 per cent it had forecast for the third quarter, reports Yonhap news agency.