Hynix says Q2 DRAM, NAND prices up sharply

SEOUL, July 24 | Thu Jul 23, 2009 7:55pm EDT

SEOUL, July 24 (Reuters) - South Korea's Hynix Semiconductor Inc (000660.KS) said on Friday the average price of its dynamic random access memory (DRAM) chips rose 20 percent in the second quarter after falling 7 percent in the first quarter.

NAND flash memory prices rose 23 percent compared with a 10 percent rise in the previous quarter, Hynix said in a statement. (Reporting by Rhee So-eui; Editing by Jonathan Hopfner)

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