Sanjay Mehrotra, Micron's president and CEO, told analysts on a conference call following the quarterly report that the downbeat forecast is primarily related to a glut of inventory in the supply chain.Via: EE Times
"We're just going through an air pocket here related to primarily inventory adjustments as well as some seasonal, weak mobile demand — including mobile demand in high-end smartphones — that is impacting some of our near-term visibility as well as the near-term outlook," Mehrota said.
Micron sees weaker near-term memory chip demand
Posted on Wednesday, December 19 2018 @ 14:17 CET by Thomas De Maesschalck