Sk hynix maintains production of dram but samsung closes factories
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A large number of DRAM memory factories for Samsung and LG products have been forced to shut down or stop production in recent weeks. SK Hynix is one of the few manufacturers that keeps its production line open.
As a consequence, the supply and demand present in the market has been severely affected, causing the price of DRAM memories to rise to almost 60% and that of SSDs also experience an increase.
Prices of RAM and SSD will continue to rise, it is time to buy…
In comparison, the SK Hynix company in South Korea has issued a statement in which it reports that in one of its factories an employee has had contact with a person infected with Coronavirus but that it has tested negative for nucleic acid and it has been isolated as a preventive measure. SK Hynix therefore states that the events will not alter the management of the factory and there are no plans to reduce the production of DRAM and NAND in the future.
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Samsung has always held a dominant position in the DRAM market, accounting for 40% and 60% of production, followed by SK Hynix with 26%. Between the two companies they represent 70% of the global market, although Samsung has suffered large losses due to the decrease in prices since 2019 and its value has decreased from 40.3 billion in 2018 to 18.4 billion dollars in 2019. A week ago We warn you of the effects of the coronavirus on hardware and as the prices of the best-selling SSDs and RAMs in online stores are rising.
Here we see a price rise of up to € 20 from December last year to the current date of the Samsung 970 EVO Plus 1 TB. The current forecast is quite bad and the price will continue to rise.
With the closure of new factories, Samsung's prospects continue to be bleak as SK Hynix takes the opportunity to gain a little more market positioning, only time will tell how events unfold.
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