April factory shipments fell 33% while production was cut by 20%.

In March, Korea’s chip inventory rose 28% on February –  the biggest m-o-m increase since February 1996,

March inventory was up 39.5% y-o-y.

Global Q4 DRAM revenue fell by 32.5% QoQ to $12.3 billion, says TrendForce.

The Q4 QoQ decline was larger than the QoQ decline of 28.8% for Q322 and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the middle of a major financial crisis