Memory prices plunge despite growing 'datasphere'

Technological progress amplifies downward pressure on DRAM and flash

20230309N Samsung chips

Samsung's DRAM prices were down more than 30% at one point in the October-December quarter. (Photo courtesy of Samsung Electronics)

RYOSUKE EGUCHI, Nikkei staff writer

TOKYO -- Prices of memory chips are declining sharply amid sluggish demand for smartphones, even as the world produces more data to store and process.

Samsung Electronics dynamic random access memory (DRAM) was down more than 30% on the quarter at one point in the October-December period. Its NAND flash memory suffered a nearly 30% decrease.

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