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Taiwan's top memory chipmaker lowers outlook as supply chain woes bite

Nanya Tech warns that DRAM price correction set to last until early 2022

Nanya Technology warned there could be price corrections for chips from now through the first quarter of 2022. (Screenshot from Nanya Technology's website) 

TAIPEI -- Taiwan's top memory chipmaker Nanya Technology on Friday lowered the outlook for its business through early next year, in a sign that the global chip shortage and pandemic-fueled lockdowns in Southeast Asia are forcing device makers to start scaling back production.

Nanya Technology -- the world's fourth-largest maker of dynamic random access memory -- warned that there could be price corrections for such chips from now through the first quarter of 2022. The Taiwanese chipmaker previously expected prices to remain flat or even rise somewhat in the final quarter of 2021.

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