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Micron Technology's revenue fell 53% year on year to $3.69 billion in the fiscal second quarter that ended on March 2, 2023, coming within the company's guidance range. The memory chipmaker has also issued a positive remark about customers' inventory levels.
China-based memory module maker Longsys Electronics has actively developed its industrial and automotive storage offerings, eyeing a bigger presence in the high-end market segment.
To enhance the competitiveness of its back-end process "packaging," SK Hynix has divided its procurement department starting in 2023. For the first time, the procurement department has both a front-end and a back-end process team.
Semiconductor manufacturers worldwide are forecast to increase 300mm fab capacity to an all-time high of 9.6 million wafers per month in 2026, according to SEMI.
Samsung Electronics continues to promote its large-capacity SSD offering while major rival Kioxia expects automotive SSD demand to remain strong with no plans to cut its output for the category.