On the 26th, SK Hynix stated during its Q2 earnings conference call that "while demand for memory semiconductors has been recovering since the second quarter of this year, the overall industry inventory levels remain insufficient to normalize since the second half of last year," adding, "NAND flash inventory levels are higher than those of DRAM in the industry, so we have decided to expand our existing production cuts, and we expect this will accelerate the timing of inventory normalization."

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