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Japan-South Korea gloom spurs worries of 'never seen before' chip price spike
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Japan-South Korea gloom spurs worries of 'never seen before' chip price spike
Memory chip spot prices have risen for the first time this year, indicating grim warnings of 'never seen before' spikes and a supply disruption could come to pass as a dispute between South Korea and Japan drags on. The 15% spike in DRAM chip prices over a week - in a sector dogged by oversupply and weak demand for more than a year - comes after Japan tightened curbs on exports of some chipmaking materials to South Korea - home to the world's top two memory chipmakers, Samsung and SK Hynix Inc . To be fair, the price surge indicated by industry tracker DRAMeXchange refers to the spot market that accounts for less than a tenth of the memory chip landscape as most major tech firms source through mid- and long-term contracts.
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