If you were thinking of it for Christmas, you might want to move quick

Sep 16, 2013 14:00 GMT  ·  By

Until a couple of years back, memory prices fell and fell almost constantly for several years, because of too fast a progress in manufacturing processes and inventory pileups. Now, the opposite is happening.

And by opposite, I mean to say that tags have gone up by 30% in just a matter of weeks.

It's because of a fire that struck SK Hynix, one of the major makers of memory chips. The factory that suffered the fire was located in China, but the effects are being felt worldwide.

With that effectively cutting the worldwide supply of memory, others now have to pitch in, but even they can't offset the sudden drop in supply.

Thus, anyone thinking of getting RAM as Christmas presents might want to step up their plans, because the tags will be far larger two-three months from now.