Samsung Electronics is reportedly pushing to raise DRAM (an ultra-high-speed temporary memory that stores data in use) prices by about 20% starting in the third quarter this year.

LPDDR5X 0.65mm product image./Courtesy of Samsung Electronics

According to a China Business News report on the 4th, Samsung Electronics discussed raising DRAM contract prices with some customers in China on the 4th of last month and completed verbal notifications accordingly.

Citing executives at domestic electronics manufacturers and industry sources, the outlet also said that electronics prices could rise due to Samsung Electronics' DRAM contract price hikes.

Samsung Electronics has not yet given its position on a third-quarter DRAM supply price increase. However, market research firm TrendForce and others projected that contract prices would rise as DRAM shortages continue in the third quarter.

TrendForce expected third-quarter DRAM contract prices to rise 13%–18% from the second quarter this year. The firm also expected third-quarter NAND flash (a storage memory that retains data, unlike DRAM, which is volatile when power is off) prices to increase 10%–15% over the same period.

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