Investors in global chipmakers have had a rocky ride in the last few months on worries about a slowing smartphone market, but a clamour for more video content from consumers is underpinning buoyant sales for memory-chip makers.
Indeed, the earnings reports of various chipmakers and smartphone companies in the past month tell a more interesting story beyond the cooling in phone shipment volumes: smartphone makers are cramming their devices with memory to satisfy the increasing demands of consumers.
A case in point is last week’s quarterly report from Apple Inc (AAPL.O). The Cupertino, California-based company said the iPhone X was the most
