I've only been looking in the past month, but yes, at about that ratio too, when I come across posts on Reddit from last year.
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?
Of actual uses of the Sherman antitrust act, starting in 2002, DRAM manufactures were investigated and then pleaded guilty to price fixing to the US. Eventually Hynix, Infineon, Micron Technology, Samsung, and Elpida all pled guilty.
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.
Not only that, but also 'greedflation' by traders anticipating more demand than supply.
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...
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?