South Korea's Hynix Semiconductor Inc., the world's second-biggest maker of memory chips, anticipates a rebound in its key computer chip market in the second quarter of this year, its chief executive said on Tuesday.
"Previous cycles in the sector have lasted about 15 months," said Kim Jong-kap at the Consumer Electronics Show in Las Vegas. "Since the current downturn started in January 2007, we are thinking there may be a likelihood of a rebound in the second quarter."
Kim said Hynix, which has a share of around 20 percent in the DRAM market as of the 2007 third quarter, did not plan to reduce its DRAM shipment growth total in 2008. The company plans to keep it in the industry range of a 50 percent to 60 percent shipment growth for the full year.