MS Hwang: Storage chip fundamentals remain robust, stock price pullback does not indicate a market shift

According to Counterpoint Research director MS Hwang, the recent share price correction of memory chip manufacturers does not indicate a fundamental shift in the memory chip market. Samsung Electronics fell 6.9% on Tuesday, and SK Hynix dropped 6.1%. Samsung is expected to achieve record results driven by strong demand. Recent strikes and political discussions surrounding profit sharing may raise concerns about future shareholder returns. Counterpoint's July memory chip price tracking report shows that DRAM prices in the third quarter are expected to increase by 10%-20%, higher than the initial forecast of 5%-10%.