28 Apr 2021 -
 General

Micron warns about DRAM shortages, industry face price increase

DRAM components

Micron Technology signaled more pain ahead for the global electronics sector, warning that a shortage of memory chips would last through the end of the year, leading to large price hikes, reports Electronic Design

Micron said that its quarterly sales are on pace to improve more than 30% year over year to around $7.1 billion in the latest quarter. Over the long term, it is trying to take advantage of smartphones, cars, and other electronics that are integrating more memory than they used to to run artificial intelligence or connect to 5G.

Electronic Design says that as demand for chips rebounds and supply tightens, the electronics industry is experiencing a massive “undersupply” of DRAM memory chips, causing average prices to spike. Micron said tight supplies coupled with strong demand would cause the semiconductor industry to fall short on filling orders for DRAM through the end of 2021 and possibly longer.

More than 70% of Micron’s business in the second quarter came from DRAM memory. Sales in the segment soared 44% year over year to around $4.4 billion.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

Related News

14 Jun 2024 - Defence

Webinars for Defence, Military, and Aerospace Engineers 

Read more

12 Jun 2024 - General

Electronics industry surges forward into 2025

Read more

07 Jun 2024 - General

Nvidia’s dominates – for now. A look at alternatives.

Read more

06 Jun 2024 - General

The CHIPS Act’s $39 billion challenge: building Fabs is easy, finding talent is not

Read more

05 Jun 2024 - Defence

New Events Series for Defence, Military, and Aerospace Engineers 

Read more

04 Jun 2024 - General

What is Taiwan’s Silicon Shield, and is it so tough?

Read more