Samsung and Chinese government likely to sign agreement in effort the lower DRAM prices

It's kind of awkward to see that the Chinese government is involved in this and needs to be involved in this, but hey it's a good thing. The DRAMeXchange reports that Samsung and the Chinese government will be signing a 'memorandum of understanding', to protect dram prices, and to keep them within acceptable ranges pricing wise.

As you guys all know, Dram products like graphics memory, but also DDR4 memory for your PC have sky-rocketed compared to roughly two years ago. in the example below you can see precisely that, it's a Ripjaws DDR4 kit (16GB) which could be purchased for 75 EUR/USD back in 2015. That same kit now sells for almost 190 EUR/USD.

The Chinese government regulated NDRC prior to the new year announced an investigation. The NDRC is responsible, among other things, for macroeconomic management, under the Chinese State Council. Since a lot of stuff with a chip fabbed in it is basically manufactured in China, here is where that dram shortage is felt the most (Chinese companies that require DRAM to fan computer parts), ergo the increased dram prices could have a long-term effect on the Asia region economy. 

This is why the NDRC is now proactively intervening. Samsung is one of the bigger dram producing and utilizing companies, so should be signing that memorandum of understanding between the two parties. The agreement covers an increased dram production, with hopefully the effect of lower prices. We can only hope that more parties will join up in this process.

-- DRAMeXchange --