The price of 32Mb DRAM Simms rose today by #1 following international discussion on anti-dumping measures.
A top level summit between the European Union and the Far Eastern economies took place today in Brussels. According to a reliable source close to the discussions, the authorities are discussing further anti-dumping measures.
That follows the precipitous slump in DRAM, which has damaged manufacturers in the EU and other territories. Alan Stanley, UK MD of French DRAM distributor Dane-Elec, said: "The European Commission is meeting with several Japanese companies, and anti-dumping is part of the agenda."
He said his company had seen the price of 32Mb DRAM Simms rise by over a #1 per unit today, on news of the discussion. A representative from a Taiwanese company with representation in the UK, said: "I can't believe such a thing can happen without anyone knowing. This is a sign of desperation." He said his company was not notified of such discussions.
A source at another memory distributor in the UK said: "This is a sign that the manufacturers are seriously worried." UK memory distributor Flashpoint said it had only noticed a small rise in the price of memories, and that was on EDO units.
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