Higher contract prices have started to pay off, pretty fast too

Aug 9, 2013 13:08 GMT  ·  By

You'd think that the memory industry would take a bit longer to recover from two consecutive years of horrible sales, but it looks like that's not happening.

DRAM shipments seem to have been improving more quickly than expected.

Consequently, average selling prices for DRAM chips, DDR3 memory modules and DDR3 memory kits have gone up.

And because of that and better shipments, overall sales on the global DRAM market went up by 24.2% during the second quarter of the year (2013).

In total, the revenue was of $8.53 billion / 6.37 billion, a fair bit beyond the first quarter's $6.87 billion / €5.13 billion.

Samsung accounted for most of the sales, 32.7%, followed by SK Hynix (30%), Elpida (15.2%), and Micron (12.9%). Note that this was before Micron finished acquiring Elpida.