March 10, 2020 / 8:07 AM / a month ago

BRIEF-Fitch Says Memory Chip Market To Continue To Recover Despite Coronavirus

March 10 (Reuters) - Fitch Ratings:

* FITCH RATINGS: MEMORY CHIP MARKET TO CONTINUE TO RECOVER DESPITE CORONAVIRUS

* FITCH SAYS EXPECT WEAKENING DEMAND FOR MEMORY CHIPS USED IN SMARTPHONES AND PCS TO BE OFFSET BY STRONGER DEMAND FOR THOSE USED IN SERVERS

* FITCH SAYS PROLONGED CORONAVIRUS OUTBREAK ACROSS GLOBE COULD DERAIL GLOBAL MEMORY SEMICONDUCTOR INDUSTRY’S RECOVERY Source text for Eikon:

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