InterviewKey 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)
CHENG TING-FANG and LAULY LI, Nikkei staff writers
January 3, 2020 14:00 JST
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.