APAC Tech_ Semiconductors Memory_ Kioxia CY4Q24 read-across; disciplined capex and 2H25 NAND recovery in-line with our view
2025-02-20 17:54
APAC Tech: Semiconductors Memory: Kioxia CY4Q24 read-across; disciplined capex and 2H25 NAND recovery in-line with our view On February 14, Japanese NAND producer Kioxia (Not Covered) reported its CY4Q24 (FY3Q24 or December quarter) earnings, and we provide read-across to our covered Korean memory suppliers, SK Hynix (Hynix) and Samsung Electronics (SEC). Kioxia's CY4Q24 NAND results in-line with SEC/Hynix and outlook of recovery in 2H in-line with our view CY4Q24 results: Directions of NAND pricing, bit sh ...