Since the beginning of this year, the international and domestic situations have been volatile. Many macro uncertainties have suppressed the potential market demand. The impact from the weak demand on the consumer side has spread from the downstream to the upstream first, and the voice of destocking in the industrial chain has been clamoring for a while. Not only has the rapid development of the industry slowed down, but also reversed the supply and demand relationship in the market, which changed from last year's "short supply" to "oversupply" at this stage.
On December 8th, CFMS 2022 (China Flash Memory Market Summit) at the JW Marriott Hotel in Shenzhen Bao'an, with the theme of "Explore the Unknown • Find the Future", brought together the global memory industry chain and terminal application companies to discuss market development, restore confidence, and look for a better future for memory and technology.
