Samsung may lower memory chip production next year

Samsung Electronics is planning to lower memory chip growth output next year to keep supplies tight amid an expected slowdown in demand, Bloomberg reported.
Samsung 10nm-class 16Gb LPDDR4X DRAM for AutomobilesSamsung’s move would either help maintain or push semiconductor prices up.

The technology company expects bit growth of less than 20 percent for dynamic random access memory (DRAM) and a 30 percent rise for NAND flash.

Bit growth refers to the amount of memory produced and is important for measuring demand.

Samsung said earlier this year it expected increases of 20 percent for DRAM and 40 percent for NAND in 2018.