The bankruptcy filing of Elpida Memory, Japan's last remaining manufacturer of DRAMs, helped buoy spot prices of the memory devices Tuesday, as well as the stock prices of Elpida's chief competitors in the market. DRAMeXchange reported that spot prices of DDR3 DRAMs were up 13% on the news of Elpida's bankruptcy, which is expected to increase the market share of Samsung Electronics, Hynix Semiconductor and Micron Technology. "Korean DRAM makers should gain additional market share and benefit from less fierce competition, allowing them to better cope with the volatile industry cycle over the medium-to-long term," said Alvin Lim, associate director at Fitch Ratings.

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