Shulou(Shulou.com)11/24 Report--

October 11 news, according to foreign media reports, after nearly two years of growth, the memory chip market began to decline, due to the global economic recession worries caused by the slowdown in demand, has affected the demand for end products, and then affected the demand for memory chips, some research institutions predict that the prices of NAND flash memory and DRAM are declining, the market oversupply will intensify next year.

The latest foreign media reports show that a number of memory chip manufacturers do not think the market can recover in the short term, they are cutting production and investment.

Foreign media said in the report that for memory chip manufacturers, the production line stopped production, to restart again will suffer huge losses, but in the case of high inventory, to maintain production will suffer greater losses.

In the report, foreign media mentioned memory chip manufacturers that cut production and investment, including Meguiar and Armor. Micron, the world's third-largest DRAM maker, has decided to cut capital spending by up to 30 per cent and chip equipment by up to 50 per cent in the next fiscal year. Armour is the second largest NAND flash memory manufacturer, and foreign media will also cut production from this month.

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