SK Hynix to cut DRAM production, investment as profit declines 89%
https://www.theregister.co.uk/2019/07/25/sk_hynix_to_cut_dram_production_investment_as_profit_declines_89/
Memory manufacturers just can't catch a break this year. As if the ongoing memory oversupply and US-China trade war weren't enough, now they have to contend with an escalating trade conflict between Japan and South Korea, which is disrupting the flow of key silicon etching ingredients.
South Korea is home to two of the world's largest memory suppliers, Samsung and SK Hynix, and the latter has just announced it will cut its DRAM production capacity from Q4 after reporting a second-quarter operating profit decline of 89 per cent year-on-year.
SK Hynix to cut DRAM production, investment as profit declines 89%
Jul 25, 2019, 4:55pm UTC
https://www.theregister.co.uk/2019/07/25/sk_hynix_to_cut_dram_production_investment_as_profit_declines_89/
> Memory manufacturers just can't catch a break this year. As if the ongoing memory oversupply and US-China trade war weren't enough, now they have to contend with an escalating trade conflict between Japan and South Korea, which is disrupting the flow of key silicon etching ingredients.
> South Korea is home to two of the world's largest memory suppliers, Samsung and SK Hynix, and the latter has just announced it will cut its DRAM production capacity from Q4 after reporting a second-quarter operating profit decline of 89 per cent year-on-year.