This is especially painful for what I want to buy a ton of right now, RAM. I find all these year old posts with people talking about DDR4 at $0.70/GB, and it's twice that now.
I don't know why, but the obvious explanations are a combination of the dollar devaluation and tariffs. Both of these are ongoing, so strap in for even higher prices soon, I guess?
Following that, a regional sales manager for Micron pleaded guilty to obstruction of justice in 2003, and then in 2004, Infineon also pled guilty. Hynix Semiconductor took their turn in 2005 and plead guilty and paid a fine. 2005 Samsung pled guilty in connection with the cartel and paid a fine.
Next up in 2006, Sun Woo Lee, the Senior Manager of DRAM at Samsung Electronics, entered into a plea bargain for price fixing. This barely seems to have slowed down his career, however, as after 8 months in prison he was promoted to President of Samsung Germany in 2009, and then President of Samsung Europe in 2014.
Unfortunately for the DRAM cartel, in 2010 the EU joined the party and fined everyone for what they did in 2002. Micron snitched and did not get fined though.
In 2018, Samsung, Hynix, and Micron got new charges of price fixing levied at them. In Jan 2018, prices of DRAM were triple their 2016 low.
https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
Yeah I have no idea why they could be high.
whats the difference? You see industry leaders getting away with it, so you do it as well.
Actually slowly rising since about 2011, induced by shortages (of critical components) due to flooding in Thailand (Seagate/WD), some supplier of so called 'sliders', motors (Nidec) restructuring/mergers of corporations like Showa Denko/Resonac, leading to fears that the supply of thin films for the platters goes bust, some other supplier of platters itself goes bust, and on and on. Not to forget sarscovidious² hick-ups of all sorts of supply-chains. Then came AI, and the datacenter boom. Endless 'opportunities' loom...
Same. Bought 6 hgst 10TB @ $84/ea in mid Dec. By New Year's they were $110 and in short supply.
The one I bought literally this month : $169.
Same WD drive from gHD.
https://www.morganstanley.com/insights/articles/us-dollar-de...
People had better get used to the economic reality of no longer being the economic superpower of the world.
Basically inflation measures against itself at an earlier time, devaluation measures against other currencies at the same moment. So it both describes the fact that the currency in question is using purchasing power, measured from different points of view.
But I'm not knowledgeable on the topic, I just mentally stumbled a little when reading this thread which seemingly (to my interpretation of what was written) made them sound like different concepts entirely.
Might have had some interesting effects on the economy if we didn't simultaneously have tariffs making it so that 1) it's hard to buy the machinery to increase US industrial capacity, and 2) nobody wants to invest in the US economy because tariffs cause economic slowdowns.