Samsung shuts down its DRAM memory plant due to coronavirus, so DDR4 RAM spike is coming

Neither factories have been flooded nor DRAM factories burned, but the price will go up. The coronavirus appears to have caused Samsung and LG to close their plants or halt production. So the coronavirus to some has come to the hair to be able to generate a price increase. SK Hynix, on the other hand, appears to be one of the few operating manufacturers.

As you can imagine, Samsung halting production has led to a surge in the price of RAM and SSDs . The price of DRAM for DDR4 modules has reportedly risen by 60%. The price increase is also affecting SSDs, although to a lesser extent.

Rise in the price of RAM due to the closure of Samsung

SK Hynix in an act of transparency that honors them has given a lot of information. They indicate that only one of their workers would have had contact with a person affected by the coronavirus. They indicate that your worker has tested negative for nucleic acid and has been isolated preventively. The company says that manufacturing of DRAM memory for DDR4 RAM and NAND for SSD is continuing normally.

The movie changes a lot with Samsung, who has a dominant position in the market. It is estimated that between 40-60% of DRAMs manufactured are from Samsung and SK Hynix 26%. The two companies account for approximately 70% of DRAM memory production.

To top it off Samsung in 2019 would have suffered notable losses due to the large price reduction. In 2018 the company had a turnover of 40.300 billion dollars compared to 18.400 billion in 2019. Of course, the coronavirus has become the perfect excuse to raise the price of RAM and re-stock at the expense of the usual assholes.

For now, Samsung will remain closed and SK Hynix may seize the opportunity. Be that as it may, buy now RAM and SSD or later you will have to pay much more.

Source: MD