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Memory and SSD prices continue to drop, semiconductor manufacturer’s business may deteriorate

According to foreign media reports, the current situation of the memory chip market is not optimistic, research institutions are expected to NAND flash and DRAM prices are declining, the market oversupply situation will intensify next year.

With Samsung Electronics and SK Hynix, the two memory chip giants of South Korea, an important global supply of memory chips, memory chip prices decline, which will inevitably affect the performance of Korean semiconductor manufacturers.

And the Korean media also said in the report, in the case of the memory chip market growth slowdown, the decline in memory chip prices will make the Korean semiconductor manufacturers’ business conditions further deteriorate.

In addition, the Korean media also mentioned in the report that the decline in the price of memory chips, there may also affect the overall exports of South Korea.

The Korean media said in the report that the proportion of semiconductor exports in South Korea is about 20%, and the deterioration of market conditions this year and next year may affect the overall exports of South Korea. In the first 20 days of this month, Korea’s exports of semiconductor products fell 7.5% year-on-year to $6.27 billion, and its share in Korea’s overall exports fell from 20.9% to 18.7%. Some experts said that the decline in semiconductor exports, coupled with rising energy prices, South Korea’s trade could hit its worst record this year.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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