Memory, SSD continued to reduce prices, South Korean semiconductor manufacturers' operating conditions further deteriorated

According to foreign media reports, the current state of the memory chip market is not optimistic, research institutions have predicted that NAND flash memory and DRAM prices are declining, the market oversupply situation will intensify next year.

South Korea, which owns Samsung Electronics and SK Hynix, is an important global supplier of memory chips. The decline in memory chip prices is bound to affect the performance of Korean semiconductor manufacturers.

The South Korean media also said in the report that in the case of a slowdown in the growth of the memory chip market, the decline in memory chip prices will further deteriorate the operating conditions of Korean semiconductor manufacturers.

In addition, South Korean media also mentioned in the report that the decline in memory chip prices may also affect South Korea's overall exports.

South Korean media reported that semiconductors account for about 20% of South Korea's exports, and the deterioration of market conditions this year and next year may affect South Korea's overall exports. In the first 20 days of this month, South Korea's exports of semiconductor products fell 7.5% year-on-year to US $6.27 billion, and their share in South Korea's overall exports also fell from 20.9% to 18.7%. Some experts said that the decline in semiconductor exports, coupled with rising energy prices, South Korea's trade could hit its worst record this year.