SK Hynix cuts DRAM and NAND production

Posted on Thursday, July 25 2019 @ 23:05 CEST by Thomas De Maesschalck
SK logo
South Korean memory maker SK Hynix announced it will cut production of both DRAM and NAND in effort to achieve higher pricing. Prices of memory have dropped significantly over the past year and SK Hynix said it will cut DRAM production in Q4 2019 and convert some production lines to CMOS image sensors.

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


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



Loading Comments