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Memory shortage to run until 2030: repair your laptop or buy new?

One of the world's biggest memory makers now expects the shortage to last until 2030, so fixing the computer you already own makes more sense than it has for years.

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If you've priced up a new laptop or a memory upgrade this year, you'll already know things have got expensive. Several pieces of news this month suggest that won't change soon. Below we explain what has happened, who it affects, and what we'd suggest if your computer is starting to struggle or has just broken.

What happened

On 28 October, the South Korean chipmaker SK Hynix published its latest quarterly results. It is one of the handful of companies that make most of the world's computer memory. It said demand for memory chips will keep running ahead of supply until 2030. Most of that demand comes from the huge data centres being built for AI. The firm says it is building new factories but can't add capacity quickly enough. Its finance chief also said he expects fewer PCs and phones to be sold because memory now costs so much more.

Other recent figures point the same way. In a 21 October market update, the research firm TrendForce reported that supply of memory for PCs is set to shrink next year. It added that memory makers are pushing through bigger price rises in their contracts for the final three months of 2026. Earlier in October, the analysts Omdia and IDC both reported that worldwide PC shipments fell by around a fifth in the third quarter compared with a year ago. Omdia estimates that memory and SSD storage now make up nearly 40 per cent of the cost of the parts in a PC, up from about 15 per cent. IDC said it does not expect prices to get anywhere close to last year's levels.

Who it affects

In short, anyone planning to buy a computer or upgrade one. Higher memory and storage costs feed straight into the price of new laptops and desktops. They also push up the price of the RAM sticks and SSDs we fit as upgrades. Budget machines tend to be hit hardest. Memory is a large share of their price, so manufacturers either put prices up or cut the specification.

The news isn't all bad. The rest of a typical repair has not gone up in the same way: a replacement battery, a new screen, a charging port, or a clean-out and fresh thermal paste. So the gap between "fix it" and "replace it" has moved in favour of fixing, especially for a laptop that is only a few years old.

What to do now

Here's how we'd approach it if your computer is slow, faulty or broken:

As a rough rule, if a laptop is under about five years old, has a decent processor and the fault is a single part, repair is usually the better value right now. If it needs several major parts, such as a motherboard plus a screen, or it can no longer run a supported version of its operating system, replacement may make more sense. We're always happy to talk that through honestly.

When to get help

If you're not sure whether your computer is worth fixing, Home Computer Repairs can take a look and give you a straight answer before you spend anything. We diagnose faults, replace batteries, screens and drives, and carry out laptop repairs for customers in and around Beckenham. We also offer home visits within 10 miles and remote support. Call us on 020 8658 4366 or ask for a free quote online.

Sources: The Register (SK Hynix), The Register (PC shipments), TrendForce

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