Fire At Hynix FAB May Bump DRAM Prices 77
Lucas123 writes "A fire that engulfed portions of a major Hynix memory FAB in Wuxi, China earlier today did not do as much damage as reports originally claimed and the company said it expects to be back in production soon. According to a Hynix statement, the fire occurred during equipment installation at around 16:50 Korean time and it was extinguished in under two hours. The company said while published photos showed the FAB facility surrounded by smoke and engulfed in flames, 'the damage is not as severe as it seems as the smoke created was because the fire was concentrated in the air purification facilities that are linked to the rooftop of the fab.' The company also said that there is no material damage to the fab equipment in the clean room, and Hynix expects to resume operations in a short time period, so overall production and supply volume should not be 'materially affected.' Even so, the spot price of DRAM is expected to leap as a result of the news."
Re:FAB is an acronym? (Score:3, Funny)
Fire Atop Building
Re:Crap ... (Score:4, Funny)
Anybody who bought memory in 1994/1995 knows about this kind of thing.
I remember spending $600+ dollars to get 16MB of RAM back in the day, and that was considered a good price back then.
Of course, cynically I believe companies will latch onto anything which allows them to claim increased scarcity and jack up prices.
And that there is a spot market for DRAM tells me that, once again, speculative investors are fucking it up for everybody -- kinda like oil, where the price goes up because people believe that other people believe the price will go up, and not for any actual market factors.
This is why we can't have nice things.
I remember spending $400 on 4K of static ram, 2102 1024x1. Kids these days are spoiled.
and after we bought the RAM we worked 27 hours a day at the mill to pay for it, ate broken glass for breakfast and lived in a hole in the middle of the lane, but it was a good life ...