Furthermore, SK Hynix will reduce NAND wafer input by over 15 percent, up from a previous plan to cut production by 10 percent. Future capital expenditure will also be reduced, no exact figures were mentioned but SK Hynix said investment for 2020 would be "significantly lower" than previously expected.
On a related note, SK Hynix warned of potential production disruption due to the trade war between Japan and South Korea:
“We are trying to secure inventories of chip materials as much as possible ... but we cannot rule out production disruption if Japanese export controls drag on, so we are keeping a close eye on that,” Jin-Seok Cha, head of SK Hynix’s finance and procurement, told analysts.Via: Reuters