[Concall] SK Hynix "Memory Market Expected to Stabilize in Second Half of Next Year, But May Take Longer"

[Asia Economy Reporter Moon Chaeseok] SK Hynix stated during the Q3 earnings conference call on the 26th that "(the memory semiconductor market downturn) is expected to stabilize to some extent by the second half of next year," but also noted, "Since macroeconomic and various geopolitical issues have not been resolved, we do not rule out the possibility that the downturn period could last longer."

The company explained, "Reducing production and production capacity (capability) is a very painful task for a memory business operator, and we believe that contributing to customers and the overall IT industry through appropriate production bit growth (bit unit shipment growth rate) and sales bit growth is the healthiest approach."

They added, "However, in the case of next year, production bit growth for DRAM may not exist, which cannot be considered healthy," and said, "DRAM is expected to recover soon and return to a healthy state, while NAND flash will take a little more time but is believed to have resilience."

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