Samsung cuts memory production

Samsung has finally bowed to market pressure and says it has cut memory output by a ‘meaningful’ amount. Rivals Hynix and Micron have both slashed production. Samsung did not say whether it was reducing memory capex. Hynix has cut its capex by 50% and Micron by 30%. Samsung’s move follows a 96% fall in Q1 ...
The post Samsung cuts memory production appeared first on Electronics Weekly.