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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST
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From: Sam9/20/2018 9:19:34 AM
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Bloomberg has an article on this too.

Samsung Is Planning to Lower Chip Growth to Maintain Prices
By Sam Kim
September 20, 2018, 7:55 AM EDT
  • Biggest memory chip maker is said to prepare for slowdown
  • Samsung is world’s biggest maker of NAND, DRAM memory

Samsung Electronics Co. is planning to curtail growth in memory chip output next year to keep supplies tight amid an expected slowing in demand, according to people briefed on the matter.

The move would help maintain or drive up semiconductor prices, the people said, asking not to be identified discussing the plan. Samsung now expects bit growth of less than 20 percent for dynamic random access memory and a rise of 30 percent for NAND flash, the people said. Samsung said earlier this year it expected increases of 20 percent for DRAM and 40 percent for NAND in 2018.

continues at bloomberg.com
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