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在线翻译:
szdaily -> Business
Regulator pays attention to chip price surge
    2017-December-28  08:53    Shenzhen Daily

THE country’s economic regulator is paying close attention to a recent surge in the price of mobile phone storage chips and could look into possible price fixing by companies, media reports said yesterday.

Xu Xinyu, an official with the National Development and Reform Commission’s (NDRC) pricing supervision department, said the NDRC was alerted to the situation after a sharp rise in the price of chips over the last 18 months.

“We have noticed the price surge and will pay more attention to future problems that may be caused by ‘price fixing’ in the sector,” Xu was quoted as saying.

The official also referred to possible coordinated action taken by a number of firms to gain maximum profits by pushing the price of the product as high as possible.

A “super-cycle” of tight supply and soaring demand for memory chips, which power servers and smartphones, has been driving up prices and profits at chipmakers such as Samsung Electronics and SK Hynix Inc.

The NDRC has spoken to Samsung, according to Wang Yanhui, the secretary-general of the Mobile China Alliance.

Wang said it was too early to predict what further measures could be taken but that the government could look at penalties issued by other countries if Samsung was found to be engaging in such any price fixing.

Chinese firms have the capability to produce traditional 2D NAND chips, but analysts said the technology transfer needed for such firms to produce the more premium 3D NAND chips made by the likes of Samsung is taking longer than expected.

This, along with demand from Chinese smartphone makers such as Xiaomi and Oppo, has caused the average spot price for mainstream DRAM chips to surge by more than half over the past one year while prices for NAND flash chips rose 32 percent, according to research firm TrendForce.(SD-Agencies)

 

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