Western Digital and Micron have had substantial inventories to work through, causing memory prices to drop significantly. Samsung’s decision to reduce memory chip production should alleviate the ...
Corrects first paragraph to say forecast is for bigger fourth-quarter loss, not profit below estimates May 8 (Reuters) - Memory chip firm Western Digital Corp WDC.O forecast fourth-quarter revenue ...
Bottom line: The NAND flash industry is facing mounting pressure due to a combination of weak demand, oversupply, and declining prices. This challenging market environment has persisted throughout the ...