[Concall] Samsung Electronics "Reducing Production... Inventory Reduction Expected to Start in Q2"

Q1 Earnings Conference

Kim Jae-jun, Vice President and Head of Strategic Marketing at Samsung Electronics DS (Semiconductor) Division Memory Business Unit, stated during the Q1 earnings conference call on the 27th, "As announced in the preliminary Q1 earnings report on the 7th, our company is reducing production volume," adding, "Accordingly, from Q2, our inventory levels are expected to begin decreasing."

He continued, "The extent of this decrease is expected to expand further in the second half of the year."

Samsung Electronics DS (Semiconductor) Division Hwaseong Campus view. [Photo by Samsung Electronics]

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