Not really. Memory is cheap because of the invention of
12" wafers and the silicon fabs that go with them. A 12"
wafer contains a ton of memory chips. To stay competitive
(make the memory chips for the same price), all manufacturers
have to switch to 12" lines. Once they do that, they're buried
in a glut of memory chips. According to the laws of supply and
demand, this causes the price to drop. In some cases, the
price even drops below the cost of production.
In the past, national governments would prop up the memory
companies, providing financial means to keep them in business.
This is of course, a recipe for disaster. It creates a
market distortion that can't be sustained forever.
The recent world wide financial crisis, makes it kinda difficult
for national governments to keep up this game, and one of the
memory manufacturers was bought out (and presumably their
production will be crushed). It wouldn't take too many
more of those kinds of events, before rational response
to abnormal supply versus demand takes over. If it wasn't
for the meddling of national governments in the first place,
this reduction in the number of suppliers would have
happened long ago. (Just as now, there are basically
only two disk drive manufacturers.) Once the number of
suppliers drops, fabs are shuttered, you're going to be
sorry you ever said anything about cheap memory.
"July 2, 2012 Micron Buys Mobile DRAM Maker Elpida for $2.5 Billion"
http://www.datamation.com/mobile-wireless/micron-buys-mobile-dram-mak...
"Feb 27, 2012 Elpida seeks bankruptcy protection, $5.6 billion debt"
http://www.reuters.com/article/2012/02/27/us-elpida-idUSTRE81Q0OQ2012...
"December 26, 2011 DRAM Consolidation in 2012? "
http://thememoryguy.com/category/memory-manufacturers/page/3/
"At its peak in the late 1980s the DRAM market sported 23 suppliers.
Today there are 6 suppliers of any note:
Samsung, Hynix, Micron, Elpida, Nanya, and Powerchip
The already-depressed market is only going to worsen in 2012.
Capital spending in 2010 is seeing to that. Although many believe
that prices cannot get any lower, that is exactly what they will
do in 2012"
HTH,
Paul