News:

GinGly.com - Used by 85,000 Members - SMS Backed up 7,35,000 - Contacts Stored  28,850 !!

Main Menu

DRAM's Q1 revenue down forty one percent

Started by Prashanth, May 19, 2009, 11:59 AM

Previous topic - Next topic

Prashanth

According to the figures released by Gartner, the global DRAM industry continued to shrink in the first quarter of this year as revenue fell to an eight year low and losses mounted.

According to the research firm, DRAM market revenue fell 41 percent year-on-year to $3.57 billion in the first quarter, the lowest revenue seen by the industry since the fourth quarter of 2001.

Also, the first quarter figure showed a decline of 18 percent from $4.38 billion in the fourth quarter of last year. The firm added, worldwide PC shipments fell 6.5 percent year-on-year in the first quarter.

The various experts believe that the DRAM industry downturn started two years ago after factory overbuilding led to a chip glut. The global recession further hurt the DRAM industry by slashing sales of the product most of the chips go into, PCs.

The research firm estimated that losses among DRAM makers continued to mount during the first quarter and therefore major DRAM vendors lost a combined $2.5 billion in the quarter, compared to $2.9 billion in the fourth quarter of last year.


Source: itvoir


www.enthiran.net