Storage prices at historic low
A historically unique price decline is currently raging on the world market for DRAM. A week ago prices fell across the board and there is no end in sight.
For example, it fell the price for a 64 Mbit chip rose from an average of nine US dollars in mid-2000 to just under two US dollars, a 128 Mbit chip currently costs 4.40 US dollars. As a result, purely arithmetically, a 128 Mbyte module costs the manufacturer DM 75 for the chips alone. At the moment you can get such a 128 Mbyte module for less than DM 90.00. Industry experts are even assuming a further drop in prices, which will push the price of a 64 Mbit chip even below the two dollar mark. Hyundai, the world's second largest memory manufacturer, could be to blame for this decline. After Hyundai made heavy losses, they sold memory chips below the normal market price. This triggered a chain reaction, because other manufacturers followed suit, of course, and then Hyundai again lowered prices, etc. Whether and when this will all come to an end is currently still uncertain.