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SMIC said to cut prices, increase DRAM production

To maintain its high utilization rate, China-based pure-play foundry Semiconductor Manufacturing International Corporation (SMIC) has informed customers it has reduced foundry prices 5-10 percent, according to sources at SMIC's customers.

The foundry has also increased its proportion of DRAM production, according to the sources and memory channel distributors.

More here at DigiTimes.