Korea’s April chip inventory up 83%

Author: EIS Release Date: Jun 7, 2023


Korea’s chip inventory in April was up 83% y-o-y, says  Statistics Korea, which was the biggest y-o-y increase in seven years.

April factory shipments fell 33% while production was cut by 20%.

In March, Korea’s chip inventory rose 28% on February –  the biggest m-o-m increase since February 1996,

March inventory was up 39.5% y-o-y.

 


Global Q4 DRAM revenue fell by 32.5% QoQ to $12.3 billion, says TrendForce.

The Q4 QoQ decline was larger than the QoQ decline of 28.8% for Q322 and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the middle of a major financial crisis