Posted 11/04/09 at 03:47:17 PM by Pulkit Chandna

The DRAM market slumped to a 15-year nadir last year. But it is now moving briskly on the road to recovery. According to DRAMeXchange, contract prices for 1Gb DDR2 and 1Gb DDR3 chips shot up by 15.7% and 10.9%, respectively, in the late part of October. Nanya Technology's vice president and spokesperson Pai Pei-Lin expects an encore from the DRAM market in November. He believes November will bring yet another double-digit rise in contract quotes for DRAM memory.

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