Hynix has postponed a$3.3 billion expansion of its NAND fab in the Korean city of Cheongju in response to an over-supplied market, lagging demand and diving prices. Competitors Micron and Samsung have already announced capex cut-backs. The three have an 81% market share in the NAND market. China’s NAND competitor, Yangtze Memory of Wuhan, is …
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