SK Hynix to Slash 10% of NAND Production in First Half of 2023 - Chip

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SK Hynix to Slash 10% of NAND Production in First Half of 2023

2025-01-15

SK Hynix intends to decrease its NAND flash memory production by 10% during the first six months of this year, with an overall monthly capacity of 300,000 wafers. This strategic adjustment comes amidst an ongoing global oversupply in the NAND flash memory market, characterized by a four-month downward trend in prices. Market analysts attribute this price decline primarily to the waning demand for smartphones and laptops.

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