Memory chips needed for data centers and smart devices are only produced by three companies, namely Micron, Samsung and SK Hynix. With demand exceeding supply, this trinity of global RAM manufacturers has recorded a sharp increase in revenue over the past two quarters. In Samsung's situation, it has jumped to become the second company in Asia after TSMC reaching a market value of more than $1 trillion
Now Reuters reports that SK Hynix has received various lucrative offers from the world's leading technology companies to ensure they will have a supply of RAM. The names of the technology companies were not disclosed but among the offers given were to invest in building a new RAM fabrication plant and buying ASML's latest lithography machines worth hundreds of millions each.
However, SK Hynic at this time is still taking steps not to be interested in the offers given. This is because they do not want to be asked to sell RAM at a price lower than the current market price or be forced to make commitments that cannot be met.
Global RAM companies can now set high prices and products will still be able to be sold because demand is only expected to stabilize by 2028.
