{"rewrite":{"id":"r_0002cbe25dce52dfb18e85a8","clusterId":"c_c50f1ed4a4ff74e706166c7c","slug":"kb-securities-projects-double-digit-dram-price-rise-in-early-2027","model":"deepseek-v4-1-flash","headline":"KB Securities Projects Double-Digit DRAM Price Rise In Early 2027","summary":"KB Securities analyst Kim Dong-won, in an October 20 report, said Samsung Electronics has locked in five-year supply contracts for about 70% of its general-purpose memory production for 2027, and full annual HBM output. Total contracted memory comes to roughly 80% of 2027 production. The report projects HBM average selling prices up 100 to 150% year on year in 2027 and DRAM prices up a double-digit percentage in the first quarter.","whyItMatters":"With most of Samsung's 2027 output already committed and HBM4 prices forecast to climb, the memory cost pressure that has squeezed PC and console hardware has a forward curve that points higher, not lower.","webCardHtml":"\u003cp\u003eThe report puts HBM4 at the center of the price story. Kim expects HBM4 to grow from 40% of Samsung\u0026#39;s HBM sales in 2026 to 80% in 2027, and high-priced HBM4 to pull DRAM prices up with it. Operating profit is projected at 367 trillion won in 2026 and 555 trillion won in 2027, against a target share price of 600,000 won.\u003c/p\u003e\u003cp\u003eFor buyers of PCs and game hardware, the relevant line is the supply side: almost all of next year\u0026#39;s memory is spoken for before the year starts.\u003c/p\u003e","blueskyPost":"Samsung Electronics has roughly 80% of 2027 memory output contracted, which leaves KB Securities little room to read spot prices as demand: a double-digit DRAM rise in Q1 2027 would come from books already closed.","twitterPost":"With about 80% of Samsung Electronics' 2027 memory production already contracted, KB Securities' double-digit DRAM call describes pre-sold supply, not fresh demand.","threadsPost":"Samsung Electronics has already contracted about 80% of its 2027 memory production, so KB Securities' double-digit DRAM forecast for early 2027 prices output that is largely pre-sold. The forecast leans on locked-in contracts rather than spot demand, and HBM pricing up 100 to 150% carries the projection.","newsletterBlurb":"A KB Securities report says Samsung Electronics has already committed roughly 80% of its 2027 memory production, with full HBM output under contract. The brokerage forecasts DRAM prices rising a double-digit percentage in the first quarter of 2027 and HBM prices up 100 to 150% year on year. That keeps the cost outlook for PCs and game hardware pointed upward.","attributionJson":"[{\"source\":\"Game Spark\",\"url\":\"http://www.gamespark.jp/article/2026/10/25/174057.html\",\"title\":\"\\\"About 80% of next year's production memory already contracted\\\" - Korean brokerage KB Securities' analysis of Samsung Electronics; predicts double-digit % DRAM price rise in early 2027\"}]","lintFlagsJson":null,"lintHits":0,"costUsd":0,"inputTokens":4697,"outputTokens":621,"status":"published","repairAttempts":0,"nextRepairAt":null,"factsAttemptedAt":1792905771,"createdAt":"2026-10-25T05:19:46.000Z","publishedAt":"2026-10-25T05:21:11.000Z","updatedAt":"2026-10-25T05:21:11.000Z"},"cluster":{"id":"c_c50f1ed4a4ff74e706166c7c","canonicalTitle":"「来年生産分のメモリ約8割が契約済み」サムスン電子に関する韓国KB証券の分析―2027年初頭のDRAM価格は2桁％上昇と予測","representativeArticleId":"a_f01286fc88a7e82ae8a88d97","sourceCount":1,"writtenSourceCount":1,"writeAttempts":0,"isSolo":true,"entitiesJson":"{\"anime_titles\":[],\"manga_titles\":[],\"work_titles\":[],\"studios\":[\"Samsung Electronics\"],\"people\":[],\"type\":\"business\",\"domain\":\"industry\",\"is_roundup\":false}","contentType":"news","status":"published","firstSeenAt":"2026-10-25T03:15:03.000Z","lastSeenAt":"2026-10-25T03:15:03.000Z","updatedAt":"2026-10-25T05:21:07.000Z"},"attribution":[{"source":"Game Spark","url":"http://www.gamespark.jp/article/2026/10/25/174057.html","title":"「来年生産分のメモリ約8割が契約済み」サムスン電子に関する韓国KB証券の分析―2027年初頭のDRAM価格は2桁％上昇と予測"}],"entities":{"anime_titles":[],"manga_titles":[],"work_titles":[],"studios":["Samsung Electronics"],"people":[],"type":"business","domain":"industry","is_roundup":false},"keyFacts":null}