Prices of Dram fell last week as UK distributors desparately shifted kit before the end of their financial year. But the glut in memory will only last until the end of this tax year.
But the shortages prompted by South Korean companies and the European Union?s dilatory action on imposing duties regulated by law are still causing shortages.
A source at a major Dram distributor said today: ?Prices are edging up today because people were shifting their stock but the reality of the market has supervened.? He said that EU tariffs will continue to be phased in until they reach their height in June this year.
* Simm maker Hypertec has bought itself out from its Australian parent. The deal, which CEO David Evans had described as a multi million pound deal, was coordinated by Arthur Andersen, Baronsmead, Banque Indosuez and the Bank of Scotland. Evans said he was delighted at the MBO.
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