SK Hynix: memory market may be bottoming out

[SK Hynix: memory market may be bottoming out] Science and Technology Innovation Board Daily reported on the 27th that SK Hynix said on the first quarter earnings conference call that "the memory market environment is still difficult, but now it seems to be bottoming out." The company revealed that DRAM ASP (average selling price) fell by more than 10 per cent in the first quarter. Although the decline is still large, it has slowed significantly compared with the previous quarter. In addition, the average price of NAND flash memory fell by about 10 per cent in the first quarter. The company does not expect prices to rise sharply in the second quarter, but the price decline will slow sharply. (The Elec)