so these are some of the factors that have impacted some of the consumer demand. as a memory chip maker, you really have a first hand pulse of the entire industry and the demand for consumer products. you ve mentioned it already. what s your sense of the current economic conditions for the next year? 0ur memory industry currently is experiencing inventory adjustments by our customers in various end markets, and that has resulted in a reduction in demand to the suppliers of memories. we have taken decisive actions in terms of reducing our capex, in terms of reducing the supply growth, as well as increasing underutilisation in the current fabs. these actions over time will help us to bring supply and demand in balance. so yes, the near term is challenged by the inventory adjustments, but we have confidence in the longer term demand drivers
food, energy and otherfactors. so these are some of the factors that have impacted some of the consumer demand. as a memory chip maker, you really have a first hand pulse of the entire industry and the demand for consumer products. you ve mentioned it already. what s your sense of the current economic conditions for the next year? our memory industry currently is experiencing inventory adjustments by our customers in various end markets, and that has resulted in a reduction in demand to the suppliers of memories. we have taken decisive actions in terms of reducing our capex, in terms of reducing the supply growth, as well as increasing underutilisation in the current fabs. these actions over time will help us to bring supply and demand in balance. so yes, the near term is challenged by the inventory adjustments, but we have confidence in the longer term demand drivers
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Mises Scholars In recognition of his academic contributions to Austrian economics, Jonathan Newman was announced as the newest Mises Institute Fellow. Mises Senior Fellow Peter Klein and Mises Associated Scholar Nicolai Foss published Why Managers Matter: The Perils of the Bossless Company with publisher Public Affairs. Mises Institute Fellow Per Bylund was awarded The Gary G.
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