Korean chip production fell 1.7% in August y-o-y after a 17.3% rise in July, according to Statistics Korea. It is the first fall in output since January 2018. Inventories increased 67.3% in August while factory shipments fell 20.4%. DRAM prices fell 18% iin Q3 and NAND is expected to fall up to 13-20% in Q4.
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