Morningstar analyst Phelix Lee stated in a report that DRAM shortages may keep memory chip prices high until 2028, but the upward momentum may slow as end-device manufacturers increase their countermeasures. He pointed out that long-term agreements limit the scope for significant price increases by South Korean memory chip suppliers. Furthermore, as device manufacturers like Apple face significantly squeezed profit margins and increasingly resist further price hikes, the price increase of traditional DRAM may slow further. Lee predicts that memory chip manufacturers will maintain strong profit margins over the next two years, but with limited room for further increases.
