Core information 06.30 (2023/6/30 14:34:02)
1.  Micron posted a net loss of $1.9 billion in the third quarter, aiming to cut production by 30 percent Recently, the memory store announced the third quarter of fiscal 2023 results, revenue 37.  $500 million, down 57% year on year, slightly up 2% from the previous quarter;  net loss 1.8.   $2.  2.6 billion, down 18%;  operating cash flow fell to $24 million, 3  $4.3 billion, 3. 8  $400 in the same period last year. Source: Micron Micron will further cut its DRAM and NAND flash memory wafers by 30% and is expected to hold them until 2024. For the fourth quarter, Micron outlook revenue was $3.9 billion, or $200 million;  gross margin was 12.  5%, or 2.  5 percentage points. Micron believes that the memory industry has passed the revenue trough, and the profit margins will improve as the balance between supply and demand gradually recovers. 2.  The demand situation for the pen and electricity supply chain has improved According to the Science and Technology Innovation Board Daily quoted Taiwan, China Electronic Times, as the end of inventory reduction, the ODM industry has given positive expectations for the market outlook of the third quarter of 2023, indicating that the demand from the client has recovered. The electricity supply chain industry revealed that the first half of 2023 is indeed difficult under the influence of inventory reduction, but the situation has gradually improved since late May. For the pen market can return to the previous level in the second half of the year, including connector, power supply devices and other supply chain companies believe that although the worst situation of the pen industry has passed, there are signs of order return, but ultimately depends on when the overall market can return to the normal before the epidemic. 3.  Agency: Global semiconductor capex will fall by 14% in 2023 According to the latest report by semiconductor analyst Semiconductor Intelligence, capital spending will fall by 14% in 2023. The biggest cuts were for storage companies, with a 19% drop, with SK Hynix's capital spending down 50% and Micron's capital spending down 42%. Among the major IDM, Intel plans to cut it by 19%, and Texas Instruments, STMicroelectronics and Infineon will reverse that trend by increasing their capital spending in 2023. Source: Semiconductor Intelligence Companies that slashed capital spending are often associated to the PC and smartphone markets, while those that increase capital spending are linked to the automotive and industrial markets. In 2023, Samsung, TSMC and Intel will account for about 60% of the total semiconductor capital expenditure. The factors behind the capex decisions are complex. Since fabs take two to three years to build, companies must predict demand for the next few years. 4.  Jiang Bolong received purchasing power into 70% of Suzhou equity On June 27, Jiang Bolong, a domestic storage company, announced that it would acquire 70% equity of Licheng Technology (Suzhou) Co. (Licheng Suzhou), a wholly-owned subsidiary of Licheng Technology Co., Ltd. (Licheng Technology), through its wholly-owned subsidiary. Licheng Technology was founded in 1997, is the world's largest third-party memory chip sealing and testing provider. Licheng Suzhou, formerly known as AMSemiconductor and FeisSemiconductor, became a wholly owned subsidiary of Licheng Technology in 2009. Its main business includes chip packaging, testing and patch, and its main products are flash memory chips, memory chips and logic chips. After the completion of this transaction, Jiang Bolong will form a strategic cooperative relationship with Licheng Technology, jointly increase the investment in storage sealing and testing technology, and further enhance jiang Bolong's innovation ability, product quality and competitiveness in the storage industry.