Massive memory wipeout shakes industry

Hanno Labuschagne

Journalist
Staff member
Joined
Sep 2, 2019
Messages
6,489
Reaction score
4,779
Massive memory wipeout shakes industry

This time was supposed to be different. The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.

A combination of more disciplined management and new markets for its products — including 5G technology and cloud services — would ensure that companies delivered more predictable earnings.

[Bloomberg]
 
Already, Samsung Electronics Co. and its rivals are losing money on every chip they produce.

Their collective operating losses are projected to hit a record $5 billion this year.



Hmmm...
When I saw the thread title I thought it was an article about Covid-induced cognitive impairment/decline ...
 
Top
Sign up to the MyBroadband newsletter
X