Global chip industry has gone from shortage to slump, but things will improve: Micron chief

SINGAPORE: The global chip industry is going through a downturn, but what remains important is that the demand for memory and storage continues to rise in the longer term, according to the head of a global tech giant.

The resulting imbalance between demand and supply is affecting the pricing environment in the industry, he added. Mr Mehrotra’s comments come as the industry moves to cushion the impact of the global chip slump by slashing capital spending and output, amid fears that it is close to a bottom.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Luxury market forecast to grow despite global recession fearsResearch predicts €353b (S$503b) sector will expand by ‘at least’ 3% to 8% in 2023.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »