Historic Crash for Memory Chips Threatens to Wipe Out Earnings
- Falling gadget demand has dealt massive blow to Hynix, Micron
- Chip industry bracing for Samsung’s earnings on Tuesday
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This time was supposed to be different.
The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — including 5G technology and cloud services — would ensure that companies delivered more predictable earnings.