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Niche-market memory IC design house Elite Semiconductor Memory Technology (ESMT) started seeing shipments of memory known-good dies (KGD) pick up in March, which the company views as an indication of demand recovery.
Winbond Electronics has signed a seven-year syndicated loan agreement for NT$20 billion (US$656.3 million) with 11 local banks in Taiwan, according to the specialty DRAM and flash memory chipmaker.
Taiwan-based DRAM chipmaker Nanya Technology said the company is still under pressure to limit output growth amid oversupply in the memory industry.
Samsung Electronics recently announced its "artificial" production cut, leading the South Korean industry to shift its focus to the potential scale of the cut and its impact on the market. Most analysts believe that even if Samsung's overall production cut reaches 20%, the memory chip market would still be difficult to "recover" before the end of 2023. Winter for the memory chip industry may last throughout the year.
Samsung Electronics recently announced the implementation of an "artificial" production cut in memory chips. The South Korean tech giant typically increases its investment in times of crisis, contrary to the predominant market trend. Despite production cuts, Samsung allegedly intends to invest KRW50 trillion (approximately US$38 billion) in 2023. The company hopes to maintain its lead in the memory industry and reap the benefits when the economic winter finally thaws.