According to media reports, the decline in demand for memory chips caused by the decline in demand for global consumer electronics products that began in the second half of last year has affected the performance of memory chip manufacturers, and Samsung Electronics and SK Hynix are no exception.
As the world’s largest memory chip manufacturer, the revenue of Samsung Electronics’ storage business has fallen sharply year-on-year for three consecutive quarters; SK Hynix’s revenue has also fallen sharply year-on-year for three consecutive quarters. There was even a net loss.
Under the background that the demand for consumer electronics products has not yet improved, the impact on major memory chip manufacturers is still continuing. Although the fire of artificial intelligence has brought new demand and major manufacturers are also cutting production, the overall Demand is still not optimistic.
According to relevant media reports, as suppliers’ inventories are still high, global memory chips will remain a buyer’s market in the short term, and prices will still fall into a tug-of-war between suppliers and customers in the second quarter.
Although the overall situation is still not optimistic, some suppliers already expect to improve in the second quarter. SK Hynix disclosed in its first-quarter financial report that they expect revenue to rebound in the second quarter after bottoming out in the first quarter as sales gradually increase.
