Memory Demand Rebounds, Macronix Continues Expansion

Reported 7 months ago

Macronix, a memory packaging and testing company, experienced a seasonal downturn in the second quarter of 2024 due to weaker short-term demand for DDR4 and DDR3 memory products. However, the company anticipates demand to gradually pick up in the third quarter and remains optimistic about its annual performance for the year. Macronix also plans to continue its expansion with some production capacity expected to come online before the end of next year.

Source: YAHOO

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