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ESMT struggles with inventory backlogs, projects weak early 2025 market

Monica Chen, Taipei; Levi Li, DIGITIMES Asia Friday 22 November 2024 0

ESMT chairman, M.C. Chang. Credit: DIGITIMES

Elite Semiconductor Microelectronics Technology Inc. (ESMT) expected a rebound in the memory market in the second half of 2024, driving an increase in wafer production. However, demand recovery underperformed expectations, resulting in elevated inventory...

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