The production value of South Korea's memory chip industry is expected to increase about 5% sequentially in the second quarter of 2016, according Digitimes Research. Demand for smartphones and other mobile devices is picking up, but chip prices continue to fall.
The production value of memory chips, including DRAM and NAND flash, in Korea slipped below KRW11.50 trillion (US$9.66 billion) in the first quarter of 2016, due to poor end-market demand as well as falling chip prices, said Digitimes Research. Despite a recent pick-up in demand, prices, particularly prices for DRAM, continue to slide limiting the overall industry output value growth.
Meanwhile, the production value of South Korea's memory chip industry fell as a proportion of the worldwide industry output value to less than 60% in the first quarter of 2016, Digitimes Research indicated.
Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.
