MediaTek, Qualcomm Reportedly Slash Shipments Of 4nm Mobile Chips By 15-20 Million Units As Demand Destruction Arrives
It appears that the ongoing inflationary trend vis-Γ -vis memory chips, despite a modest reduction in spot DRAM prices recently, has reached demand destruction levels. After all, why else would MediaTek and Qualcomm slash their production of mobile chips by millions of units? MediaTek and Qualcomm are reportedly slashing the production of mobile chips geared primarily towards mid and low-end smartphones, as the ongoing memory chipflation starts impacting demand As we noted recently, the wider smartphone industry has been hit by a double whammy of sorts: the astronomical increase in memory chip prices over the past year, largely driven by the [β¦]
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