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Taiwan top memory chipmaker sees demand slowdown spreading

Nanya Technology flags revenue decline as cloud computing, data center orders weaken

Nanya Technology executives break ground on the company's $10 billion chip plant in New Taipei City. (Photo by Cheng Ting-Fang)

NEW TAIPEI CITY, Taiwan -- Nanya Technology, Taiwan's top memory chipmaker, on Thursday warned that its revenue may decline this year as the slowdown in demand for consumer electronics spreads to cloud computing and data center servers.

Concern about inflation, which is already weighing on consumer spending, is affecting enterprise spending budgets, Nanya President Lee Pei-Ing said.

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