SK Hynix weighs slashing spending by a quarter in 2023 ...Qatar

SK Hynix Inc is considering cutting its 2023 capital expenditure by about a quarter to 16tn won ($12.2bn) in response to slower electronics demand than anticipated, people familiar with the matter said.  The world’s second largest memory maker is sticking largely with plans to spend about 21tn won this year building up DRAM and NAND capacity, the people said.  But rising uncertainty over dwindling demand for the chips that go into everything from smartphones to servers has forced a rethink of expansions next year, they said, asking not to be identified talking about undisclosed plans. The Apple Inc supplier’s move comes as global tech companies sound the alarm over macroeconomic risks from

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