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South Korean chip exports plummeted! Samsung and SK Hynix lost money and SSD plummeted and could not be sold.

via:快科技     time:2023/2/21 12:04:31     readed:341

South Korean exports fell 2.3 per cent in the first 20 days of February from a year earlier due to weak chip shipments, according to data released by South Korea's customs agency on Tuesday. South Korea's exports totaled $33.5 billion between February 1 and 20, compared with $34.3 billion in the same period last year, according to data.

Imports rose 9.3 per cent year-on-year to $39.5 billion, resulting in a trade deficit of $5.9 billion. In the first 20 days of February, chip exports fell 43.9% year-on-year to $3.8 billion, according to the data.

In January, South Korean exports fell 16.6% from a year earlier to $46.27 billion, of which chip exports fell 44.5%, the fifth consecutive month of decline.

According to the supply chain, due to the collapse in global consumer electronics demand, this has led to a serious year-on-year decline in revenue from relevant supply chain manufacturers, especially storage demand.

Although SSD, memory and so on continue to reduce prices, but user demand is not strong, which leads to Samsung, SK Hynix inventory remains high, and the relevant storage manufacturers have previously released financial reports also show this problem, serious losses do not stimulate sales.

At present, the industry generally expects that the semiconductor industry will have an inflection point in the second half of this year, but this is only expected, and it may not be so optimistic.

韩国2月芯片出口暴跌43.9%:三星、SK海力士亏麻 SSD、内存暴降也卖不动

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