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Key Nintendo and Sony chip supplier sees robust recovery in 2020

Macronix CEO says China needs 20 years to master industry despite funding drive

Miin Wu, chairman and CEO of Hsinchu, Taiwan-based Macronix International, expects 2020 to be a “relatively robust year.” He told the Nikkei Asian Review that the company sees “room for memory prices to rebound given the supply-demand situation." (Photo by Cheng Ting-fang)

TAIPEI -- Macronix International, a leading memory chip maker in Taiwan and a key supplier to Nintendo, Sony, Huawei and Apple, has forecast a steady recovery in market demand and a rebound in memory chip prices in 2020, even as China continues to roll out financing programs to fund the country's own nascent semiconductor industry.

"We see 2020 as being a relatively robust year, and we see room for memory prices to rebound given the supply-demand situation," Miin Wu, chairman and CEO of Macronix, told the Nikkei Asian Review in an interview. "As a leading indicator, the chip industry is like ducks in a river who know spring is coming ahead of other people."

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