Because DRAM memory is gold, the high demand for this valuable resource means that its significant manufacturers have been making large amounts of money for almost two years. Samsung is the world’s largest producer of memory chips, and its revenues are expected to increase by 50% this early 2018.
High demand for DRAMs drives Samsung’s profits
In the second half of 2017, Samsung began publishing record after record in its quarterly financial reports, primarily due to the high demand for DRAM and NAND memory chips. According to recent information from Reuters, Samsung is expected to increase its profits by 50% for the period January-March 2018 due to the massive demand for DRAM memory.
Analysts say Samsung has achieved an operating profit of $13.7 billion, an increase of more than 50% over the $8.8 billion in the same period last year. Samsung would be making 70 cents in operating profit for every $1 of DRAM chips sold.
Let us remember that one of Samsung’s factories recently intentionally suffered, according to the wrong language, a power outage, ruining some 60,000 silicon wafers that were to give rise to memory chips, something that will make available over the next few months somewhat lower than it should be so that prices will be higher.